c-store on high traffic corner
Location: Pennsylvania > Lancaster County > lancaster
Industry: Auto Related > Gas Station
Financials
Asking Price: $325,000
Gross Revenue: $620,500
Gross Revenue Comments: based on current growth
Cash Flow Comments: will be made available
Inventory: $25,000 (Not Included in Asking Price)
FF&E: $5,000 (Included in Asking Price)
Real Estate: $225,000 (Included in Asking Price)
Seller Financing: Seller would prefer not to, but some may be available
Business Summary
This business was doing over $1 Million in sales, netting $100,000 in 2005, Previous owner ran the business into ground in 2006, closing it. Current owner has made upgrades and station is now doing $1700/day and growing. Sale includes property which was just appraised in Jan. 07 and phase I completed.
About the Business
Year Established: 1977
Employees: 1 full time - 2 part time
Facilities: Sits on corner lot in residential area on main artery thru the city and 1 block from major medical center for county on same street.
Market Outlook and Competition: High traffic all but guarantees continued growth for this location.
About the Sale
Management Training and Support: Owner will provide training, additionally, has one employee who has worked this store for sometime who could be put in mgt position
Reason For Selling: Seller owns 2 other businesses and doesn't have time

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BizQuest ID:839145
Business Listed By
Wes Johnson  |  JBI
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