Seller Financing Available
Front Elevation from 1 of 3 driveways
Gross Revenue: $1,339,000
Real Estate: $600,000
* not included in asking price.
Freeway Chevron on 1.75 +/- Interstate Acres
Seller's Discretionary Earnings for the year 2015 are $104,000. Selected financial data thru 11-30-16 is as follows:
Tot. Sales $1,159,000, Gross Profit $294,000, Avg. fuel vol/mo 38,000 gals, Pooled Margin $.35, Seller's Discretionary Earnings $106,000. 1,400 sf building housed 2-service bays & a small office, was expanded in 2002 with the addition of a 1,050 sf c-store, and a large 18,000 gal propane tank to the existing 2,000 gal. system. The service garage was kept busy with a towing service operated by the seller - the towing business was discontinued several years ago for health reasons. From currently doing about $6k gross sales a month in the bays; adding the towing business back could re-establish a $25,000/mo. business for this revenue center. Margins in the shop now (thru 11-30-16) running 69%. See flier attached for more overview. Complete Offering Memo and historical financials available from the Broker - call or email to request. (Add Lottery, beer-n-wine, & food stamps for increased revenue.) The 18 +/- commercially-zoned ac. surrounding the 1.75 +/- ac. that holds the Chevron facility is NOT included in the Chevron offering. This is the only development at this freeway interchange.
Inventory: Not included in asking price
Real Estate: Owned
Included in asking price
Building SF: N/A
Employees: 4 + owner
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Approx. 1.75 ac. land, 2,400 sf building includes a 2002 c-store addition of approx. 1,050 sf. About 900 sf is a 2-bay auto service & repair garage. Fuel sys. has 4 plastic-lined steel UST w/cathodic protection serving 3 grades of unleaded + diesel to 2 Wayne MPDs w/CRINDs & 1 diesel-only dispenser. System is monitored by a VeedeRoot TLS-350.
Competition: Freeway location about 4 miles outside (west) of a small town in SE AZ. Nearest competitor is about 4 miles in town.
Growth & Expansion: Easy-add in the c-store is a beer-n-wine license, food stamps, and Lottery. Approx. 18 additional acres surround the station for additional physical expansion ... more islands, standalone QSR, carwash (to include RVs), RV park, etc. The additional 18 ac. of land is also for sale, but not included in the asking price for the Chevron. The asking price for the additional 18 +/-ac. is $100,000.
Support & Training: As-needed to support buyer's acquisition & transition.
Reason for Selling: Retirement
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