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Business For Sale

Gas Station with Convenience Store - Price Reduced

Kent County, DE

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$119,000
$860,299
$53,747
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
2
8002060
Owner Financing is Available!
Owner is willing to hold some financing for a qualified buyer.

Business Overview:

Well established and profitable. Owner is willing to give the buyer the right of first refusal to purchase the property. 2 1/2 years left on current contract with the gas company and seller is willing to buy the contract back if new buyer elects seller to do so. Accepts food stamps. Owner is willing to hold some financing for a qualified buyer. Turnkey operation. On the premises, there a sub-shop/deli that pays rent and are on a month-to-month lease. New buyer can either keep them or take over the operation. Income gasoline: 160,000 Gallons X 0.065/gallon = $10,400 convenience-store: sales $360,000 X 0.35 = $126,000 atm Commission: $3,600 lotto Commission: $6,875 western Union: $500 deli’s Rent: $700 Per Month X 12 = $8,400 gross Profits $155,775 expenses rent: $36,000 pay Roll: $19,200 insurance (business): $2,937 insurance (underground Tanks): $2,953 utilities (gas & Electric): $18,653 bank Charges: $614 credit Card Charges: $14,190 garbage: $1,032 accounting: $1,200 security Alarm Fees: $360 telephone: $1,100 taxes & Licenses: $3,789 total Expenses: $102,028 gross Profits $155,775 total Expenses: $102,028 net Profit $53,747 Amato & Associates Is Not Responsible For The Accuracy Of The Financial Numbers. All Numbers Must Be Verified By Buyer During The Due Diligence Period.

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:

Clean, big, bright and fully stocked. This makes an excellent start up business for anyone.

Market Competition and Expansion:

Competition is there and has been for about 4 years. The financial numbers you see is what you get. There is no down side potential for this business.

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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