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Business For Sale

CITGO GAS STATION HUNTINGTON IN $199,000 SOLD

Attn: Tauseef Syed
Huntington, IN, USA
Listing #: 341823715
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Asking Price: $199,000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
 

Business for Sale Overview:

Citgo Gas Station. Asking Price: $199,000; Industry: Auto & Mech: Services & Gas Stations; Reason for Selling: Relocating; Year Established: 1985; # of Employees: 4; Yearly Revenues: $1,176,000; Yearly Cash Flow: $60,000; Yearly Net Profit: $170,200; Yearly Gross Income: $117,600; Monthly Payroll: $2,000. Overview: Citgo gas station, 3 hours east of Chicago, average sales are $35,000 per month inside and 22 thousand gallons per month. Small town, 1,600 square feet independent convenience store and gas station with pumps and under 20 x 30 canopy on 0.27 acres of land. One 8,000 gallon, one 8,000 gallon fiberglass lined steel tank, one 2,000 gallon STIP3 tank, and fiberglass piping. Veeder Root 350 Tank monitoring. Sells regular, midgrade. Bulk water fill station and accepts quarters. No beer or wine being sold but license is available. Recently remodeled inside to expand convenience store. Real estate value alone will be close to $200,000. Nice little store in a great up and coming community with excellent schools. Owner Financing Available for qualified buyer with $100,000 Down Payment.


Property Features and Assets:

Nice well maintained property and hard to find gas station with real estate under $200,000. Hurry won't last in the market.


Market Competition and Expansion:

Average competition 13,000 population.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is willing to work for 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.

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