Asking Price: $399,000 Gross Revenue: $2,060,000Cash Flow: $160,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 not included in asking priceFF&E: $200,000 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 professionally built Branded Gas Station with 3 pumps and 3 brand new underground tanks. New Canopy. All up to code. All gas grades and diesel are offered. Easy in, Easy out. The owner converted the service bays into a a large convenience store and a fully equipped Deli. Lotto Sales, Beer, Hot beverages, Cigarettes and general merchandise are offered. The station is located on the main Street in a nice desirable town in Duchess county along the Hudson River north of Poughkeepsie. Gas Sales average 60,000 Gallons per month and the Convenience Store currently sales $ 60,000 per month. Owner ran the store himself in the past achieving much better sales volumes. Owner is off location but strongly believes that stable management, friendly to the community will create much higher gas and merchandise sales. The lease is for 45 additional years with modest increases. Landlord is local.
About the Business
Number of Employees:
Recently renovated -Beautiful Gas Station.
Recently renovated - Beautiful Convenience Store.
Recently Built -Beautiful Deli.
2 other gas station are in the neighborhood.
Growth & Expansion:
Seller believed that a good operator will double the sales.
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
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