Asking Price: $165,000 Gross Revenue: $1,825,620Cash Flow: $149,700 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $55,000 not included in asking priceFF&E: Not Disclosed 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 high volume Mobil gas station located a little north of Daytona Beach. The gas station is pumping 90,000 gallons on a commission basis. You receive 4 cents commission per gallon and the gas company pays all the credit card fees for the gas AND convenience store sales. Even though the operating hours are only 6:00 am - 11:00 pm the convenience store is averaging $60,000 per month in sales not counting Lottery. The Lottery profit is $1,500 per month extra. The seller averages $5,000 per month in deli sales at 50% profit. If you don't want to run the deli you can sublease that area out. The gas company owns the property and is responsible for all environmental issues, tanks, pumps, canopy, canopy lights, roof, and landscaping. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.
About the Business
Number of Employees:
You will receive a new 5 year lease with two 5 year option terms for a total of 15 years. The base rent is $4,500 plus taxes. There are 4 double sided pumps with 8 filling stations. Updated tanks and pumps.
The hours of operation are 6am - 11pm but you have the option to open later or even 24 hours if you want. If you do well on your monthly inspection the gas company will give you a $500 discount off your rent each month. The gas company does require a gas deposit of $40,000 that you will get back when you sell the station in the future. It does earn interest.
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or stake in the sale of this business and has not verified any of the information
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