Asking Price: $525,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Great opportunity to own a solid, turn-key gas station and liquor store in the mid-Michigan area. Easy transition for a new owner, with an already established staff, 6 Part Time employees. ( owner works 16 hours a week) Current owner opened the store back in 2007 and added the pumps in 2009.
Station is branded Sunoco and also includes a large office area which can easily be transformed into living quarters or leased out for additional income. After many years owner is ready to retire and hand over the business to a new buyer.
Call us today to obtain a confidentiality agreement.
About the Business
Number of Employees:
Was a Used Car lot in 1997, in 2007 owner added the liquor store and in 2009 added gasoline. The Office area is still available and is included in the purchase, this could be used for living quarters or many other options.
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 & Conditions.