1157 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Sunoco Gas & C-Store For Sale

45/wk
Northumberland County, Pennsylvania, United States
Photos Website Map
Asking Price$330,000
Revenue$610,000 Established1988
Cash Flow$121,045 Employees5 full-time
FF&E$155,000* FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent net income, owner relocating out of state for this highly profitable, franchise Sunoco gas station and convenience store with Lotto in a central area of Northumberland County, Pennsylvania. The business pumps a fuel volume of approximately 360,000 gallons annually, with an average markup of about .15. The convenience store has a yearly gross income of $610,000. The sale includes a long term commercial lease at a fair rental cost and an option to purchase the real estate. The business has been fully upgraded during the past few years and all equipment is in excellent working condition. All underground tanks are in excellent condition and are the responsibility of the landlord. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 30% investment return to the owner operator prior to debt service. This is a twenty-six-year young full service gas station and convenient store. This industry does not require government agency approval to purchaser. This retail business consists of a 25,000 square foot full service fuel station, and the interior facility consists of 1,400 square feet with a clean attractive appearance. The business is located on a highly active county road with thousands of drive by vehicles and the general area has various other active and successful businesses. The business is located in Eastern Pennsylvania, Northumberland County, which consists of various communities with continued demand for this service industry. This particular business has five full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,000. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $2,600 and rent security $3,600.The business facility which consists of 1,400 sq. ft. has a capacity for twenty customers. The sale includes a fully equipped gas station and retail convenient store with displays, shelving, POS system, tables, computers, and refrigeration & freezer units including all the necessary equipment to maintain the day to day business operation. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. The owner will remain post-closing for 30 days and supply a transitional period. The seller owns the property and is relocating out of state due to a new business opportunity after many successful years in this service industry. The business presently has a limited marketing plan for commercial accounts and if improved can possibly further developed the business bottom line corporate income. 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. The 2015 gross yearly income from the C-Store is $610,000 and fuel profit of $54,000, plus additional income from lottery, ATM, propane and money orders. The yearly net income is $89,445 prior to debt service for an absentee owner. The business has been valued at $330,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Additionally, an option to purchase the real estate is available for $450,000. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:This retail business consists of a 25,000 square foot full service fuel station, and the interior facility consists of 1,400 square feet with a clean attractive appearance. The business is located on a highly active county road with thousands of drive by vehicles and the general area has various other active and successful businesses. The business is located in Eastern Pennsylvania, Northumberland County, which consists of various communities with continued demand for this service industry.
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 presently has a limited marketing plan for commercial accounts and if improved can possibly further developed the business bottom line corporate income.
Training/Support:The owner will remain post-closing for 30 days and supply a transitional period.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:Relocating out of state due to a new business.
Ad #88186
Seller Reference #GST249
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
Name
Email Address
Message