Convenience Store and Gas

Denver, CO (Denver County)

Convenience Store and Gas

Asking Price:$129,000

Cash Flow:$88,000

Gross Revenue:$517,000

EBITDA:$88,000

FF&E:$20,000

Inventory:$12,000*

Rate/Sq. Ft.:N/A

Established:1950

*not included in asking price.

Convenience Store and Gas

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Business Description

A former Conoco Station that is now an independent gas station with 2 pumps and 4 dispensers under a large canopy located on a major avenue at a signaled intersection. The gasoline tanks are on a monitoring system and the dispensary equipment and lines were replaced 10 years ago. The building has ADT security system with 2 cameras as well as Wi-Fi, Internet and TV. Most of the business comes from repeat customers who live and work in the area. Gasoline sales are approximately $1,000.00 per day with inside sales of around $500.00 per day. There is a 4 bay Auto Repair Shop attached to the Convenience Store but owned and operated by the Landlord as a separate business and is not part of this sale.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
450
Lease Expiration:
10/31/2022
Employees:
Owner + 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
It is a 450 square foot convenience store located in a former Conoco Gas station with 2 gasoline pumps and 4 dispensers under a large canopy. The current rent is a low $1,030.00 per month including CAM.
Competition:
There are other stores and stations in the area but this one is located on a major street at a traffic signaled intersection.
Growth & Expansion:
The store could be taken to the next level with new owners willing to expand the size of the convenience store and increase marketing.
Support & Training:
The current owner is willing to train the buyer to assure a smooth transition.
Reason for Selling:
Personal

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Arthur P. Sensenig

Business Listed By:
Arthur P. Sensenig

CBC Realty, LLC

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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