Seller's Contact Information
- RE: High Traffic Location Gas Station/C-Store
- Contact: Charles Daucourt
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $2,550,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $284,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 9 | |
BBN Listing #: | 594043891 | |
Broker Reference #: | 9525-127815 |
Business Overview:
Profitable Gas Station Convenient Store Car Repair Shop.
Seller Discretionary Earnings: $280,000
Asking price is less than 1.5 times Seller Discretionary Earnings!
Great Visibility for Site Seeing Over 150,000 VPD
10 pumps and great up-side potential for an owner-operator. located in Virginia Beach, VA. This Location Comes With Multiple Revenue Streams, and a 3 Years only Fuel Contract (with no minimum) for a Value Add Opportunity.
- Prime Site
- With annual sales of $2,550,000
- Average Outside Sales Gas per month: 50,000 gallons/$155,000
- Average Inside Merchandise Sales /month : $40,000
- ABC License (Wine and Beer)
- Average Repairs/month : $24,000
- U-Haul average commission per year : $17,500
- 2 new machines (bought in October 2022) game : $2,400 a month
- 1 ATM machine : $300 a month
- Quarter machine : $200 a month
- Bitcoin machine : $500 a month
- Red box clothing and shoes : $100 a month
- Lease/month : $10,000 - Ground Tank maintenance is done by landlord
*Possibility to purchase the property in the next few years* First right of refusal to the buyer of this business
For more information, please contact Charles Daucourt @ cdaucourt@tworld.com or tel: (757) 231 6557
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Property Features and Assets:
Monthly Rent:$10,000.00
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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