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Asking PriceUndisclosed
Revenue$1,600,000 Established2000
Cash Flow$250,000 Employees4 full-time
FF&E$470,000* FranchiseNo
Inventory$35,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Solid business opportunity for this highly profitable independent fuel station which includes real estate and car wash in a wonderful area of South Carolina. The business offers fuel/gas sales, convenience/food mart sales, car wash, lottery, etc. This business opportunity which includes the real estate location, generates a gross yearly income of $1,180,724 and a consistent net yearly income to the owner. This industry does not require any particular government agency approval other than the existing licenses. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $8,200. The sale includes the business and property, a fully equipped retail store, including an operating fuel gas stations with canopy, upgraded fuel tanks, gas pumps, refrigeration & freezer units, POS system, displays, shelving, tables, computers, including all the necessary licenses and equipment to maintain the day to day business operation. This business facility has private parking on site as part of the sale transaction. The fuel station business is active seven days per week, with hours from 5:00 am to 12:00 pm. The sale includes a certificate of occupancy from the particular municipalities including the various required licenses including approval for Lotto, etc. The price is based on a multiple of the net yearly income, which includes the real estate and the business assets. Financing has been approved with approximately 20% down payment and based on a 20-year payout at 4% interest, purchaser would have a wonderful return on investment after debt service. These owners represent an out of state corporation sale and area absentee owners. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Facilities:The property consists of 38,768 square feet free standing structure, with a modern retail convenience business and car wash. The facility is fully upgrade and modernized with a large canopy. The business also offers additional products / services such as Lotto, ATM, etc. This business opportunity is located in South Carolina on an active county road with various other successful businesses.
Competition:To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business requires onsite ownership to further improve performance and income also with additional corporate fuel accounts further growth is possible.
Training/Support:The owner will remain post-closing for 30 days and supply a transitional period.
Seller Financing:Financing is available to a qualified buyer with an appropriate down payment.
Sale Reason:The purpose of the sale is due to out of state absentee corporate ownership. Contact the Seller
Ad #100588
Seller Reference #GST321
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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