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Gas Station, $160,000+ Yearly Net Income
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$160,000+ Yearly Net Income
This is an excellent corner location at high-traffic intersection, directly across from Denny's Coffee shop, and surrounded by dense residential neighborhoods. The owner is willing to allow the buyer to assume the existing SBA loan, subject to lender approval. The business is currently operated absentee, as the owner lives far from the property. An owner-operator can significantly increase profitability through hands-on management. According to the seller, average fuel sales over the past three years have exceeded 45,000 gallons per month, with margins ranging from $0.65 to $0.70 per gallon. The convenience store generates approximately $45,000 to $50,000 per month, with strong margins of 35% to 40%. With competitive fuel pricing and active management, fuel volume is projected to increase to 65,000-70,000 gallons per month, and convenience store sales could exceed $55,000-60,000 per month.
The buyer may also be able to assume the existing SBA loan, potentially with minimal personal liability, subject to lender review and approval.
This is an excellent corner location at high-traffic intersection, directly across from Denny's Coffee shop, and surrounded by dense residential neighborhoods. The owner is willing to allow the buyer to assume the existing SBA loan, subject to lender approval. The business is currently operated absentee, as the owner lives far from the property. An owner-operator can significantly increase profitability through hands-on management. According to the seller, average fuel sales over the past three years have exceeded 45,000 gallons per month, with margins ranging from $0.65 to $0.70 per gallon. The convenience store generates approximately $45,000 to $50,000 per month, with strong margins of 35% to 40%. With competitive fuel pricing and active management, fuel volume is projected to increase to 65,000-70,000 gallons per month, and convenience store sales could exceed $55,000-60,000 per month.
The buyer may also be able to assume the existing SBA loan, potentially with minimal personal liability, subject to lender review and approval.
About the Business
- Opportunities for Growth
- The seller states that multiple major oil companies have expressed interest in rebranding the station and are willing to offer branding incentives ranging from $400,000 to $550,000, subject to negotiation and supplier approval. This presents an opportunity for the buyer to recoup a substantial portion of the initial investment upon securing a fuel supply agreement.
Listing Info
- ID
- 2349176
- Listing Views
- 3943
Listing ID: 2349176 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. See our full Terms of Use. Learn how to avoid scams.
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