$160,000+ Yearly Net Income

This is an excellent corner location in the busiest intersection. The existing owner is willing to let new buyer take over the existing SBA loan or finance the purchase price for the right buyer with 50% down payment. Owner claims the C-store does over $45,000/m @35% markup and the station sale over 35,000 gallons @.40/margin average. The rent is low of $7,300/m with long term lease of 7 year + 10-year option. Owner operator can make well over $160,000 net. This location used to do over $90,000 in store and 80,000 gallons gas per month. The place is surrounded by lots of residential with no grocery near the area. Owner Operator can make 30% cash on cash return.