7 Unit Portfolio 29% CAP RATE EBITA $4,566,480

Detroit, MI
Wayne County

Asking Price: Annual Revenue:
$15,900,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: 7 Unit Portfolio 29% CAP RATE EBITA $4,566,480 Broker: Jose Pagan

Quick Facts

Asking Price: $15,900,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 20456097
Broker Reference #: Not Disclosed

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Business Overview:

7 Unit Portfolio 29% CAP RATE EBITA $4,566,480 Recoup Investment 3.5 Years. Here is a once in a lifetime Portfolio with a cap rate and EBITA thats unheard of for this market and price right to sell. We handle all negotiation with the sellers to make every portfolio that we represent make sense. This portfolio is no different than any other that we have sold with all numbers and paperwork in hand. The asking price of these 7 gas stations have the buy out ($1.1 Million) of fuel contracts included and the last and final price on each site. This package is priced right and ready to sell with No Fuel contract or Tenants. With the numbers and paperwork that has been provided by the sellers this package sells itself so there is not much more to say. All station have clean properties with updated double wall fiberglass tanks that are all up to code with phase 1&2 reports in hand. The station all have convenience stores that range from 1,500-4,000 square feet and combined bring in an average of $9,554,000 a year at a very high profit margin of 38% with a Cash Flow of over $1,000,000. The stores all sell Lotto and combined are brining in $223,680 in commissions a year with ATM commissions combined $108,000, AIR/VAC $2,400 a year. All gas stations are fully equip with updated canopy, LED Sign, Card Readers, POS System, RUBY with back up. These station all have 4-10 MPD's that combined pump over 9,000,000 gallons a year at a Pool Margin of .20 thats a Net Profit on fuel of $1,117,200 to be exact a year. There is currently 4 locations that are being leased out for $255,600 in rents collected a year that new buyer will have the option to keep or remove. This Portfolio has a CAP RATE of 29% and an EBITA of $4,566,480 and based on these figures, the new buyer/investor would recoup investment in 3.5 years on the income alone without any capital appreciation. This Portfolio is based in Michigan and in the cities of Dearborn, Detroit, Lincoln Park, Pontiac and are currently branded 1 EXXON, 1 MOBIL, 2 CITGO, 3 MARATHON. There is also a station that is not opened (Closed Site) that an owner just bought to eliminate competition on his road. We have all numbers in hand for buyers or investors so shop with confidence. This Portfolio is BROKER PROTECTED do not reach out to us and tell us that you have a buyer been there done that and don't have time.

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Property Features and Assets:

7 Unit Portfolio 29% CAP RATE EBITA $4,566,480 Recoup Investment 3.5 Years.

Market Competition and Expansion:

7 Unit Portfolio 29% CAP RATE EBITA $4,566,480 Recoup Investment 3.5 Years.

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.

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