Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$295,000	Inventory	$60,000**
Gross Income	$2,000,000	Real Estate	$1,400,000**
Cash Flow	Not Disclosed	Year Established	1976
FF&E	$60,000*	Employees	2 +

* included in the asking price

** not included in the asking price

A very nice Urban location on a high traffic throgh street. Owners (brothers) have re-branded the station to be an independent. They are able to offer fuels at competitive prices while buying at considerably less that major oil Co. rack prices generating very strong gross pool margins.

Facilities: ,26 acres improved with 2600 sq ft newly remodeled bldg and totallly paved lot. Rents for $8500 per month on a 5/5/5 lease with option to purchase real estate (valued @ $1,400,000)

Competition: Competition is one half mile away in either direction. Pump prices are very competitive, access is good and parking is plentiful. Traffic count is high.

Growth/Expansion: This unit reopened in April after being closed for eight months for an extensive renovation that enlarged and improved the store and put in new servers and made the station DEQ compliant.. Sales volumes are steadily rising. Inside sales are $40,000 per month with 50% tobacco with 16% gross margin and 50% all other with 40% gross margin. Fuels range between 50,000 and 60,000 monthly on .40 cent average pool margin.

Support/Training: 2 weeks

Reason Selling: other interests