Owner Financing is Available
Business for Sale Overview:
This gas station has been in continuous operation since 1964. The present owner has operated the station since 1988 and is ready to retire. The owner leased the property until May 2009 when he purchased the property. In 2008, the related sales (accessories, labor, vending, and inspections) were 29% of total sales providing 64% of the gross profit. Fuel sales accounted for the remaining sales. The total gross profit for 2008 was 23% of all sales. The station provides gas and diesel from 6 pumps. Each pump has 4 selections - regular, regular plus, super, and diesel. They do auto inspections, oil changes and some repairs. The convenience store sells snacks, gifts, beer, wine, drinks, etc. The station has been upgraded since Hurricane Ike last year. There are 2 service bays for auto services and oil changes. Some Seller financing available to qualified buyers.
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:
2,240 Square Feet freestanding facility plus storage room/store room.
Market Competition and Expansion:
Add mechanic. Advertise. Add detailing service.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.