Business Overview:
Take over the Seller's $172,000 loan, with payment of $3,800 per month. Great deal for someone who wants a good growing store with only $130,000 out of pocket cash. This gas station and convenience store is located on a busy corner with plenty of growth and activity. The seller just installed a diesel pump which produces over 50 cents of profit per gallon vs. regular gas which produces 7 to 8 cents of profit per gallon. Inside sales are around $50,000 per month with over 30% profit margin. Outside sales are $0,000 to 45,000 gallons per month. Lottery sales are around $65,000 to $70,000. Gaming machines net $3,000 per month.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Included in the Asking Price:
Furniture, Fixtures & Equipment: $40,000
Inventory: $65,000.
Facilities: 2,300 sq. ft. free standing building paying $4,000 rent including CAM. It has a 5 year lease with 5 yr option. Out side sales are about 40,000 to 45,000 gallons per month. The store gets commission from ATM machine located inside the store & 4 gaming machines, ETC. It is open 7 days a week, Monday through Sat. 6 AM to mid night & Sun. 8 AM to 10 PM. owner works about 35 to 40 hrs. Payroll is $3,000 per month.
Financing: Qualified buyer can take over business w/$130,000 down and owner financing.
Support/Training: Two weeks of training at no charge.
Reason for Selling:
Wants to expand other business.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: