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Gas Station / C-Store -- Great Profitability plus Great Price
| Asking Price: | $325,000 | Inventory: | $48,000 ++ |
| Gross Revenue: | $1,000,000 (comments below) | Real Estate: | $100,000 ++ |
| Cash Flow: | $150,000 (comments below) | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Will jump to 1,300,000 with beer sales | |||
| Cash Flow Comments: Will jump to $190,000+ with beer sales | |||
Located in a small town approximately 45 minutes east of Cincinnati, this business is expected to generate over $150,000 this year in net profit to an owner / operator.
While located in a “dry” county, the business was just recently approved to sell beer and wine. It will be only one of a few stores selling beer and wine
in the county (closest 6 miles).
This will add significant sales and additional profitability to the business (estimated annual profit to increase to $190,000 per year). Sales are currently about 40% gas and 60% in-store products. The store offers full lottery.
The store was remodeled a few years ago, along with four new dispensers (pumps) and four tanks, so this business is turn-key, up-to-date and attractive.
The station has Hamilton ACT 100 tanks (fiberglass coated steel):
• 6,000 gal (gas)
• 4,000 gal (gas)
• 4,000 gal (diesel)
• 1,000 gal (kerosene)
FINANCIAL:
Next twelve month sales are expected to exceed $1,000,000 (60% inside sales) with a profit (before owner compensation and depreciation) of $150,000 before any contribution due to beer and wine sales.
Six months (ending September 30, 2009) net profit was $78,000 on sales of $445,000.
The business and real estate have an asking price of $325,000. Assets included, free and clear of debt, are:
Inventory (cost) 48,210
F,F & E (cost) 67,687
Real Estate (cost) 77,626
Total $193,523
While located in a “dry” county, the business was just recently approved to sell beer and wine. It will be only one of a few stores selling beer and wine
in the county (closest 6 miles).
This will add significant sales and additional profitability to the business (estimated annual profit to increase to $190,000 per year). Sales are currently about 40% gas and 60% in-store products. The store offers full lottery.
The store was remodeled a few years ago, along with four new dispensers (pumps) and four tanks, so this business is turn-key, up-to-date and attractive.
The station has Hamilton ACT 100 tanks (fiberglass coated steel):
• 6,000 gal (gas)
• 4,000 gal (gas)
• 4,000 gal (diesel)
• 1,000 gal (kerosene)
FINANCIAL:
Next twelve month sales are expected to exceed $1,000,000 (60% inside sales) with a profit (before owner compensation and depreciation) of $150,000 before any contribution due to beer and wine sales.
Six months (ending September 30, 2009) net profit was $78,000 on sales of $445,000.
The business and real estate have an asking price of $325,000. Assets included, free and clear of debt, are:
Inventory (cost) 48,210
F,F & E (cost) 67,687
Real Estate (cost) 77,626
Total $193,523
About the Business
Employees:1 full time - 3 part time
Facilities:2200 sq. ft.; four tanks and four pumps
Market Outlook and Competition:One of only a few licensed to sell beer and wine in the county.
About the Sale
Management Training and Support:As needed
Reason For Selling:Retirement
KEYWORDS: gas station, c-store, convenience store, profitable, real estate, cincinnati, adams county, peebles, ohio
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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. Please review the full Disclaimer here.
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