| Asking Price |
$795,000 | Inventory |
100,000** |
|---|---|---|---|
| Gross Income |
$4,200,000 | Real Estate |
|
| Cash Flow |
$180,000 | Year Established | 1969 |
| FF&E |
$394,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
Great Opportunity. Started in 1969 and has been operated by the current owners since 2003. Operating out of a 1269+ square foot building and a ½ acre corner lot along a busy arterial road has enabled them to grow revenues from $850K in 2002 to currently being on track for well over $4,200,000 in just five years with a great reputation for friendly service. The revenue is broken down 59% gas and 41% in the store. Pumping almost 1 million gallons of gas. The sellers discretionary earnings are strong six figures. There is a canopy with 2 islands and 4 pump stations (6 hose dispensers) with card readers. Fuel storage consists of 3- 8000 gallon tanks (single wall fiberglass, installed 1998). Everything is newer Gilbarco equipment and software. The store is clean and well kept and includes an almost new coffee/deli/cooking area. The lot has been cleaned, fixed, seal coated and restriped this spring. They are currently not using over half their property which is prime location for a car wash that would be an excellent growth opportunity.
Facilities: Excellent brick construction building located on 1/2 acre plus corner lot. Updated mechanicals, updated pumps, new software, extra large lot recently fixed and seal coated.
Competition: Only C-Store/Gas station on the 4 corners of this busy intersection.
Growth/Expansion: Huge opportunity to build a car wash. Updated software inside and at pumps is ready for the carwash add on.
Financing: May carry note for right buyer
Support/Training: Owner will stay and train buyer
Reason Selling: Another Business

Robert Klinger
701-388-3304
Veracity Business Brokerage
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