Convenience Stores in Redding-Northern California For Sale

Convenience Stores with or without Gas Stations have become the alternate market of choice for many shoppers that do not want to patronize the “big box” stores for their quick grocery needs. Most of the Convenience – Mini Mart stores in Northern California also have gas, some with “branded” names such as Shell, Valero, 76, and Chevron, and others non-branded, such as the popular Gas For Less stores.
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000. Convenience Stores with or without Gas Stations have become the alternate market of choice for many shoppers that do not want to patronize the “big box” stores for their quick grocery needs. Most of the Convenience – Mini Mart stores in Northern California also have gas, some with “branded” names such as Shell, Valero, 76, and Chevron, and others non-branded, such as the popular Gas For Less stores.
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000.