Marathons For Sale in N.C.

Portfolio of eight recently renovated stations goes on the block

Published in CSP Daily News

SAN FRANCISCO -- Eight Marathon gas stations, all located in North Carolina, are up for sale. Specifically, the stations are in Asheboro, Goldsboro, Hickory, Morehead City, Rockingham, Sanford, Wilkesboro and Wilson.

Business and real estate are included. Each store has been recently been renovated, with new facades and new PCI-compliant pumps. Several of the stations have kerosene or diesel in addition to normal gasoline.

Store sales have gone up 10%, because of the renovations, according to BizBuySell, which is selling the portfolio. Two internal controllers [image-nocss] input the sales data daily and each store gets audited monthly by an external auditing firm. The stations are clean, corporately run and have sales numbers to prove outstanding performance, it added.

The facilities are 30 to 45 minutes from major airports.

Two of the stations gain additional income by having a car wash and increased sales by having drive-thru windows.

The seller will finance a qualified buyer, BizBuySell said. The stations may be sold separately or as a portfolio.

San Francisco-based BizBuySell.com is a leading Internet-based business-for-sale marketplace. It currently has an inventory of more than 45,000 businesses for sale, and more than 725,000 monthly visits. BizBuySell also has one of the largest databases of sale comparables for recently sold businesses and one of the industry's leading franchise directories.