This is a big and beautiful branded gas station. It has 12 pumping stations. The convenience store is approximately 2,500 square feet, well organized and does approximately $900,000/year with high gross profit margin. The fuel sale which includes Diesel is 1,530,000 with average pool margin of 21 cents/ Gallon. It is at intersection of two high ways in state of Delaware. Excellent location with high traffic in great neighborhood. It is totally managed absentee owner. Nice extra income from Lottery, A.T.M. and Air & vacuum machines. The landlord has the supply contract with BP for 20 years. And the owner of the station has the lease up to 2023 and plus 2 five year options which take it to year 2033. Very long lease. Cash flow noted is for owner/operator working 50 hours. per week taking NO salary; before debt service.
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- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.