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Asking Price$90,000
Revenue$1,968,000 EstablishedUndisclosed
Cash Flow$156,000 Employees2 full, 1 part
FF&E$5,000 FranchiseNo
Inventory$25,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
ATTENTION ALL GAS STATION CONVENIENCE STORE BUYERS - This location is planning on selling within the week. This location has been around for over 25 years and the current owner has owned if for over 14 years. It is time to retire now. This gas station convenience store is located right smack on a state highway that leads from one major Alabama city with thousands of cars driving by it daily. No direct competition near this gas station. The convenience store is small at approximately 750 square feet and no deli (which leaves room for increasing income for new owner) but still has inside sales of around $40,000 per month. The outside sales of the unleaded, mid-grade, premium, and diesel is approximately 62,000 gallons per month. It has been around for so long that customers find it convenient to use because it is easy to get into and exit with very competitive pricing. The seller currently earns approximately $3,000 per week after all expenses but is ready to retire. The landlord sold the property to a petroleum company and they are planning on investing over $250,000 in renovations in updating the 8 pumps, canopy, building, sign, etc...into a branded gas station that will split the gas profits 50/50 and the fuel is paid as it is sold. The system is very convenient and profitable for everyone. The current owner makes approximately 4 cents a gallon and the new seller will also make about the same because the profit will be around 8 cents a gallon and then split between the business owner and the supplier. The buyer of this business will get a brand new station at the expense of the new landlord/supplier and the effect will be going market rates for the lease which will be approximately $3,000 per month and the buyer of this business can have a 5 year, 10 year, 20 year lease. This gas station has a huge lot that can be utilized in so many ways to maximize the loyal customer base and exposure to thousands of potential daily customers. The purchase multiple is less than one year or around 7 months. Take advantage of sellers retirement and buy now. CALL NOW and ask for Rick Murray with Vested Business Brokers.Please call 1-877-735-5224 for further information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$90,000.00 Down and
Sale Reason:Seller is retiring.
Ad #87228
Seller Reference #28620
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Rick Murray
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