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Business For Sale
GAS STATION WITH SUBWAY & WITH REAL ESTATE
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Asking Price: |
$1360000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Owner Relocating |
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Year Established:
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1989 |
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# of Employees:
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4 |
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Yearly Revenues:
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$4,152,113 |
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Yearly Cash Flow:
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$100000 |
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Yearly Net Profit:
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$120000 |
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Yearly Gross Income:
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$4,152,113 |
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Monthly Payroll:
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$6,000 |
Business for Sale Overview:
Location: Will County, Illinois.
Primary Category: Retail - Gasoline Service Stations.
Date Listed: 1/25/8.
Financial Information:
Asking: $1,360,000;
Gross: $4,152,113;
Cash Flow: $275,453.
Summary Description:
This Branded self-service gas station with subway is located 20 miles from Bolingbrook (Chicago suburb) on very busy main roads, with an estimated traffic count of 30,000 vpd. The station pumps about 1.2 million gallons per year of gasoline from four islands with a total of eight dispensers with credit card readers. The Subway is about 2,000 square feet and has revenues of $360,000 per year. There are three double walled fiberglass tanks giving the site a total of 24,000 gallons storage. There is new retail/office complex next door and a large new mall within a quarter mile, both of which drive significant traffic by this site. Highlights: 1.2 million gallons per year at a profit of 12 cents per gallon. Lottery commissions of $12,000 per year. Estimated yearly gross profit of $416,800. Estimated yearly.
General Information:
Facilities: The gas station is located on 26,098 square feet.
Property Features and Assets:
Subway You Can Sell For $275,000 Plus. They Will Give You $1,800 Rent, So Technically You Are Covering $500,000 Mortgage From Subway. So, You Are Paying For Gas Station Only $950,000.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not 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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