Hot Listing

Profitable National Branded Gas Station

Asking Price$375,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,500,000

Inventory$150,000
Not included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Profitable National Branded Gas Station


Asking Price$375,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,500,000

Inventory$150,000
Not included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
This c store was converted to an Exxon 4 years ago with all new pumps, canopy, LED signage, POS, etc. Current sales are –
Inside - $75K/ month at 35% gross profit = $320K/ year
Gas – 538,000 gallons/year – Owner gets gas at rack rate and averages 30c per gallon profit = $160K/ year
Rent – $11,000/ month* see note from seller below
Credit card fees are paid by customer. Equipment is still under warranty.
Sellers are totally absentee and are paying a manager $3500/month.
FF&E : $60,000 (Included in Asking Price)
• Inventory: $150,000 ( Not Included in Asking Price)
• Reason For Sale: Owner has other businesses
Absentee owners are paying a manager $3500/ month. A hands on owner/ opererator can eliminate that expense and add an additional $42K to the bottom line and easily make $200K. There are 2 other employees and payroll runs appoximately $10K/ month.
Notes from seller –
1) we pay 100%of the fee by keeping CC gas price .05cent over cash price
2)Gas contract is rack+0 we set our own gas sale price
3)rent is $11,800 NNN but someone is already put in loi 2 take the car wash on rent for $2500 a month that will bring the rent down to $9300 .Buyer can sign a lease with him directly for car wash after taking over but he is also in a hurry to not loose summer this year
4) Another person has approached to park food truck on site and willing to pay $1000 a month buyer can negotiate with him directly after taking over as we dont have Deli in store which is in high demand because of movie theater behind the gas station

Car wash and food truck will pay $3500 a month that will contribute towards rent and ease of rent.and there is no restriction by landlord but encouraged by landlord as jobber and landlord is same to him more traffic more gas sales.Its a perfect project for someone who can dedicate time and effort .I wish I could if I wasn't tied up with other business ventures
About the Sale
Seller Motivation
Sellers have other businesses that they want to concentrate on.
Transition Support
2 weeks
Financing Options
Sellers will finance with half down for a well qualified buyer
Listing Info
ID
2508669
Listing Views
591

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Business Listed by: Jim Bunting Beach Biz Brokers, LLC

Listing ID: 2508669 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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