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Gas Station with C-Store
| Asking Price: | $139,000 | Inventory: | $45,000 ** |
| Gross Revenue: | $860,299 | Real Estate: | n/a |
| Cash Flow: | $53,747 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Well established and profitable. Owner is willing to give the buyer the right of first refusal to purchase the property. 2 1/2 years left on shell contract. Accepts food stamps. Owner is willing to hold some financing for a qualified buyer. Turnkey operation.
On the premises, there a sub-shop/deli that pays rent and are on a month-to-month lease. New buyer can either keep them or take over the operation.
INCOME
GASOLINE: 160,000 gallons x 0.065/gallon = $10,400
C-STORE: Sales $360,000 x 0.35 = $126,000
ATM COMMISSION: $3,600
LOTTO COMMISSION: $6,875
WESTERN UNION: $500
DELI’S RENT: $700/month x 12 = $8,400
GROSS PROFITS $155,775
EXPENSES
RENT: $36,000
PAY ROLL: $19,200
INSURANCE (BUSINESS): $2,937
INSURANCE (UNDERGROUND TANKS): $2,953
UTILITIES (GAS & ELECTRIC): $18,653
BANK CHARGES: $614
CREDIT CARD CHARGES: $14,190
GARBAGE: $1,032
ACCOUNTING: $1,200
SECURITY ALARM FEES: $360
TELEPHONE: $1,100
TAXES & LICENSES: $3,789
TOTAL EXPENSES: $102,028
GROSS PROFITS $155,775
TOTAL EXPENSES: $102,028
NET PROFIT $53,747
AMATO & ASSOCIATES IS NOT RESPONSIBLE FOR THE ACCURACY OF THE FINANCIAL NUMBERS. ALL NUMBERS MUST BE VERIFIED BY BUYER DURING THE DUE DILIGENCE PERIOD.
On the premises, there a sub-shop/deli that pays rent and are on a month-to-month lease. New buyer can either keep them or take over the operation.
INCOME
GASOLINE: 160,000 gallons x 0.065/gallon = $10,400
C-STORE: Sales $360,000 x 0.35 = $126,000
ATM COMMISSION: $3,600
LOTTO COMMISSION: $6,875
WESTERN UNION: $500
DELI’S RENT: $700/month x 12 = $8,400
GROSS PROFITS $155,775
EXPENSES
RENT: $36,000
PAY ROLL: $19,200
INSURANCE (BUSINESS): $2,937
INSURANCE (UNDERGROUND TANKS): $2,953
UTILITIES (GAS & ELECTRIC): $18,653
BANK CHARGES: $614
CREDIT CARD CHARGES: $14,190
GARBAGE: $1,032
ACCOUNTING: $1,200
SECURITY ALARM FEES: $360
TELEPHONE: $1,100
TAXES & LICENSES: $3,789
TOTAL EXPENSES: $102,028
GROSS PROFITS $155,775
TOTAL EXPENSES: $102,028
NET PROFIT $53,747
AMATO & ASSOCIATES IS NOT RESPONSIBLE FOR THE ACCURACY OF THE FINANCIAL NUMBERS. ALL NUMBERS MUST BE VERIFIED BY BUYER DURING THE DUE DILIGENCE PERIOD.
About the Business
Employees:1 full time - 1 part time
Facilities:Clean, big, bright and fully stocked. This makes an excellent start up business for anyone.
Market Outlook and Competition:Competition is there and has been for about 4 years. The financial numbers you see is what you get. There is no down side potential for this business.
About the Sale
Management Training and Support:Owner is willing to train new buyer for a period to allow for a smooth transition.
Reason For Selling:Seller is out growing this business and wants to expand to other businesses.
Seller Financing:Seller is willing to hold financing for a qualified buyer
KEYWORDS: gas, gas station, convenience store, c-store, food,
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