Asking Price: $1,900,000 Gross Revenue: $1,358,762Cash Flow: $188,587 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $75,000 not included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a standalone store with gas station and deli, which includes 0.75 of real estate located on prominent interstate route towards MD. It has two stories with c-store on first floor with approx. 3200 sq. ft. The upper floor has similar space as first floor with 3 bedrooms and bath/toilet and large hall. Currently unoccupied but with some improvement/ modification could be rented out to generate additional income.
The store is situated in safe and secure environment as is in close vicinity of government offices and has fair residential community that it serves. Very importantly, it has no viable competition in immediate vicinity/neighborhood.
The owner started the Deli operations in April 2017 within the complex with separate entrance to it. The deli grosses approx. $6200 per month. They have been making improvements since then to expand deli choices to generate additional income.
The Gas station has 3 pumps and soon likely to get into contract with gas company for competitive fuel pricing. Currently, the sales average $30k per month. However, once the new contract is in place the sales of gas may go up.
The inside sales is approx. 60k which can be improved by new ownership. The lottery sales commissions are very impressive in vicinity of $2000 per month.
With addition of ATM and check cashing facility the new ownership can substantially generate incremental revenue.
About the Business
Number of Employees:
Building Sq. Ft.:
The store is operated by family for over 11 years and have well established reputation in local community and offices around.They have very recently added a deli section in the store and has picked up very well. With added menu it could generate additional income.
There no completion of this kind within 10 miles and has a kind of monopoly in retail. Adding additional and fast moving items to inventory could augment sales.
Growth & Expansion:
The following could generate additional income:- 1. First floor space rented out. 2. Installing ATM machine. 3. Check Cashing facility. 4. Bill Pay. 4. Improvement in deli choices
85868-AV Profitable C-store, Gas Station & Deli with property for Sale
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