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Business For Sale

Gas Station

Detroit, MI, USA

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,500,000
Not Disclosed
Not Disclosed
$282,506
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
0
9592679

Business for Sale Overview:

This is a beautiful gas with Convenience store and an area for a deli. Currently the deli is not being used, but the seller is negotiating with great potential operators to lease the deli space. In addition, there is a 1,400 square foot vacancy in the building that is also for lease. There is plenty of parking to accommodate the businesses. The seller has a contract with a supplier whereby the seller receives commission on the gasoline sold and the supplier absorbs all of the direct costs associated with the gasoline (cost of gas, delivery, credit card fees, etc.). The seller states that the current gasoline sales are approximately 500,000 gallons per month. The income for 2008 was as follows: Gasoline Commission: $161,612 Convenience Store Sales: $670,275 Lottery Commission: $39,866 ATM Commission: $1,447 The cash flow before debt service for 2008 (after deductions from cash flow of one time income) was $282,506 according to the seller’s 2008 Statement of Revenues and Expenses. The file is complete with 2006, 2007 and 2008 books and records which will be provided for review by 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.

Reason for Selling:

has other businesses

Additional Details:

  • The property is owned.
  • The owner is 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.
 

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