Business Description

This gas station is pumping about 80,000 gallons per month at a margin of between $.10 and $.12 per gallon and is selling about $500 to $750 per day in convenience items from a small kiosk style market. Lottery has recently been added and is generating commissions of about $300 to $400 per month. The location is prime on a busy north/south state route in the main shopping section of the city. A major factor from an expense point of view is the monthly rent of only $1,750 per month with no additional common charges. Hours of operation are 6am to 10pm. Inventory on hand is approximately $6,000 and is to be paid in addition to the purchase price. The business has a straight ten (10) year lease expiring in December 2019. The oil company will require a $32,000 refundable deposit and a $5,000 non-refundable deposit at closing.

Detailed Information

Facilities:

Facility is a gas station with two islands and a small kiosk which services the gasoline customers along with offering convenience food and tobacco items and lottery. It is located on a busy state route and has been in operation for about 40 years.

Competition:

There is plenty of retail gas competition in the area of this business, as in all busy commercial locations.

Growth/Expansion:

The size of the facility will limit any physical growth although aggressive marketing can affect sales in a positive way.

Support/Training:

The seller will provide the necessary training to the buyer upon completion of the sale.

Reason Selling:

Owner has another business to run.