Lincolnton, NC Gas Station Financing for the Store Side: Frozen Drink Machines, Overnight Clerks and a Stock Order

Illustration only, invented figures: a gas station store in Lincolnton, NC adds two three-flavor frozen beverage machines at $14,600 each and a countertop soft-serve machine at $11,850, so the invented order totals $41,050.

Each of the 48 invented payments on equipment financing at 11.3% a year is $1,066.95; together they total $51,213.60, which includes $10,163.60 of interest.

Frozen beverage machines need a water line, a drain and a dedicated circuit, and those hookups are property work outside this site. The quote can list the machines, delivery and start-up apart from the plumber's and electrician's work on the building.

Illustration only, invented figures: a Lincoln County, NC convenience store that now closes at night decides to stay open around the clock. In this invented plan one clerk covers each overnight shift of eight hours, 56 hours a week at $13.75 an hour, or $770.00 a week, and the owner budgets 12 weeks of those wages, $9,240.00, while overnight sales build.

Set on a term loan for 10 months at a 14.35% annual rate, the invented $9,240.00 means $985.86 a month, $9,858.60 over the term and $618.60 of interest.

Weekly pay keeps the count exact in this invented case: twelve weeks hold twelve paydays. A funding partner may ask for payroll reports and recent bank statements, and a request can stay limited to the store side of the business.

Illustration only, invented figures: a Lincolnton, NC c-store places an $18,400 order for packaged drinks, snacks and candy to widen its selection. The table sets two ways to pay for it side by side.

In this invented comparison the advance, at a 1.19 factor, costs $2,253.52 more than the interest on the inventory financing, and the provider collects it by the day instead of over four months. In both invented rows the store pays the other $4,600 of the order itself.

Because the provider is buying a slice of the store's coming card receipts rather than lending, the count of collection days rises or falls with how many cards the counter runs. For inventory financing a funding partner may ask for the order and the supplier invoice; for the advance, a provider may ask for card-processing statements.

County Business Patterns 2023 counted 44 gasoline stations (NAICS 4471) in Lincoln County, NC with 269 employees, about 6.1 per station by our arithmetic, and $6.5 million of annual payroll, about $24,212 per employee.

Just over half of those stations, 23 of 44 (52.3%), ran with fewer than five employees. Convenience stores (NAICS 445120) are a much smaller group: 4 establishments, 3 of them under five employees.

ZIP Code Business Patterns 2023 placed 20 gasoline stations at a ZIP 28092 address.

Nonemployer Statistics for 2024, counted apart from the employer figures, listed 5 gasoline stations in Lincoln County, NC with no paid employees.

Station counts here are county figures. The Lincolnton, NC page has payroll for the office ZIP as a whole, and the restaurant page covers kitchens.

This page covers the store side of a station only. These stay outside a Plumbend request:

• Fuel dispensers, pumps, underground tanks, tank monitors and canopies, which are fuel equipment this site does not fund.
• In-bay car wash systems and wash bays, which are tied into the building's water, drains and power.
• The land and buildings, and any purchase of the station property.
• Startup costs for a store that has not opened.

Store equipment that plugs in and needs no hookup to the building, store stock and store payroll are what this page works through.