Hot Listing
Portland Suburbs Gas Station with EBITDA over 1.2 Million
Business Description
275000 Gallons per month and Gross Profit $1753878 (2024)
One of the most profitable station in Portland area . Totally absentee ownership with experienced manager who has managed the store for more than 20 years. The site was branded Space Age in January 2024 that increased volume, Gross Profits and EBITDA / Cash Flow in excess of $1.2 Million.
Seller signed a month to month supply agreement in order to maximize fuel profits and maintain maximum flexibility. This open contract ,and great volume created an opportunity to negotiate with oil company's money if desire to brand. The current offer from a major Oil Company is almost $2 Million for a Ten year contract, if new Buyer desire to brand and use Oil company's incentives to purchase with minimum personal funds (For qualified Buyer). Numbers speak for themself.
2024 (Gas Volume 3.3 Million with margins 45 cent margins and GP $1753878)
2025 (6/30). (1.55 Million Gallons with margins 48 cent margins and GP $898271)
on Track to exceed 2024 numbers)
There is an opportunity for expansion with extra land available for development (Bigger Convenience store or / car wash) that would take profits to next level.
PROOF OF FUNDS REQUIRED FOR ANY ADDITIONAL INFO
Seller signed a month to month supply agreement in order to maximize fuel profits and maintain maximum flexibility. This open contract ,and great volume created an opportunity to negotiate with oil company's money if desire to brand. The current offer from a major Oil Company is almost $2 Million for a Ten year contract, if new Buyer desire to brand and use Oil company's incentives to purchase with minimum personal funds (For qualified Buyer). Numbers speak for themself.
2024 (Gas Volume 3.3 Million with margins 45 cent margins and GP $1753878)
2025 (6/30). (1.55 Million Gallons with margins 48 cent margins and GP $898271)
on Track to exceed 2024 numbers)
There is an opportunity for expansion with extra land available for development (Bigger Convenience store or / car wash) that would take profits to next level.
PROOF OF FUNDS REQUIRED FOR ANY ADDITIONAL INFO
About the Business
- Years in Operation
- 30
- Number of Employees
- 8
- Facilities & Assets
- Land in excess of 1.78 Acres with convenience store building, 7 MPD's and all c store equipment
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Transition Support
- By Manager for one week
Listing Info
- ID
- 2386192
- Listing Views
- 5169
Business Location
Listing ID: 2386192 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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