Gas Station C-Store and Deli

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Asking Price:
$399,000

Gross Revenue:
$2,060,000
Cash Flow:
$160,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
not included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Year Established:
1970
Number of Employees:
5
Facilities:
Recently renovated -Beautiful Gas Station.

Recently renovated - Beautiful Convenience Store.

Recently Built -Beautiful Deli.
Market Outlook/
Competition:
2 other gas station are in the neighborhood.
Growth & Expansion:
Seller believed that a good operator will double the sales.
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About the Sale

Reason For Selling:
Seller owns other gas stations and locations - Weak management in this location.
Training/Support:
Seller will train and provide for a smooth transition.
Seller Financing:
Seller is willing to finance a part of the purchase price.

Listing Info

ID:
1340622
Ad Detail Views:
1464

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Business Listed by

Jay M. Inbar,Certified Mergers &Acquisition Pro

Inbar Group Inc - Business Brokers

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U.S. Census Data for Dutchess County, NY
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Dutchess County, NY
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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