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Gas Station with C-Store

Delaware (Kent County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

$Seller Financing Available

Asking Price $139,000 Inventory $45,000** 
Gross Income $860,299 Real Estate  
Cash Flow $53,747 Year Established unk
FF&E N/A Employees 1 pt, 1 ft

* included in the asking price

** not included in the asking price

Well established and profitable. Owner is willing to give the buyer the right of first refusal to purchase the property. 2 1/2 years left on shell contract. Accepts food stamps. Owner is willing to hold some financing for a qualified buyer. Turnkey operation. On the premises, there a sub-shop/deli that pays rent and are on a month-to-month lease. New buyer can either keep them or take over the operation. INCOME GASOLINE: 160,000 gallons x 0.065/gallon = $10,400 C-STORE: Sales $360,000 x 0.35 = $126,000 ATM COMMISSION: $3,600 LOTTO COMMISSION: $6,875 WESTERN UNION: $500 DELI S RENT: $700/month x 12 = $8,400 GROSS PROFITS $155,775 EXPENSES RENT: $36,000 PAY ROLL: $19,200 INSURANCE (BUSINESS): $2,937 INSURANCE (UNDERGROUND TANKS): $2,953 UTILITIES (GAS & ELECTRIC): $18,653 BANK CHARGES: $614 CREDIT CARD CHARGES: $14,190 GARBAGE: $1,032 ACCOUNTING: $1,200 SECURITY ALARM FEES: $360 TELEPHONE: $1,100 TAXES & LICENSES: $3,789 TOTAL EXPENSES: $102,028 GROSS PROFITS $155,775 TOTAL EXPENSES: $102,028 NET PROFIT $53,747 AMATO & ASSOCIATES IS NOT RESPONSIBLE FOR THE ACCURACY OF THE FINANCIAL NUMBERS. ALL NUMBERS MUST BE VERIFIED BY BUYER DURING THE DUE DILIGENCE PERIOD.

Facilities: Clean, bright and fully stocked.

Competition: Competition is there and has been for about 4 years. The financial numbers you see is what you get. There is no down side potential for this business.

Growth/Expansion: This makes an excellent start up business for anyone.

Seller Financing Available: Yes

Financing: Seller is willing to hold financing for a qualified buyer

Support/Training: Seller is willing to train new buyer for a period to allow for a smooth transition.

Reason Selling: Seller out grew the business and looking for bigger opportunities.

Business For Sale By

Mitri S. Habash

(302) 224-7720

Amato Associates

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