76 Gas Station and Subway Shop
Location: Washington > S.Puget Sound
Industry: Auto Related > Gas Station
Financials
Asking Price: $1,199,000
Gross Revenue: $2,503,910
Cash Flow: $232,684
Real Estate: $1,130,000 (Included in Asking Price)
Seller Financing: All cash @ closing or Lease/Option
Business Summary
If you like consistent success, you will want to take a look at this terrific, well established, consistent gas station located near a heavily trafficked highway near Olympia. The owner has recently leased a space to a drive thru coffee business. This has added to the traffic flow of the station and store. The lease rate for the drive thru is $500 per month with annual escalation adjustments. All equipment in great condition in this bright well branded station with the added attraction of the well recognized national franchise(Subway). Much of the business is in store sales and Subway sales providing higher and more stable margins than gasoline. Call listing agent for details. Seller is willing to lease the business with a purchase option to the right buyer. LISTING AGENT MUST BE PRESENT FOR ALL SHOWINGS!!
About the Business
Year Established: 1971
Employees: 3 full time - 6 part time
Franchise: Yes
Facilities: Sitting on a shy acre of commercial property this gas station/convenience store is located just off a major highway with large commuter traffic as well as great tourist traffic in the summer. The building is approx. 2,600 square feet with remodel completed in 2005. All equipment in great shape. The store houses a very active Subway Sandwich Shop to further enhance the very consistent revenue stream.
Market Outlook and Competition: Competition: As with most gas stations there is competition however this location enjoys very stable business support from the local community. Growth and Expansion: An energetic entrepreneur can take this well established stable business and grow it to new levels of profit.
About the Sale
Management Training and Support: Seller is willing to provide training in the day to day operations of the business. In addition new owner will be provided training for the Subway franchise through the franchisee. The combined training will provide the new owner with a great "running start" to operating this business.
Reason For Selling: Retirement.

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Listing Tools
BizQuest ID:873304
Seller ID:052108GSWM
Business Listed By
Name:Gary Sharp
Company:Sharp Commercial
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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.