Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$395,000	Inventory	$65,000**
Gross Income	3,400,000	Real Estate	$1,400,000**
Cash Flow	Not Disclosed	Year Established	1980
FF&E	$60,000*	Employees	3

* included in the asking price

** not included in the asking price

Previously the station ihas pumped 210,000 to 215,000 gallons monthly on a pool margin of 12 cents plus. It is currently pumping 115,000 gallons at 27 cents. The store is doing about $90K per month with 60% tobacco products. Monthly gross margins total $45,000 per month average. Owners are negotiating with possible tenants for the remaining large repair bay. They expect to rent this space for an additional $1700 per month. Expenses , excluding debt and rentservice, are averaging less than $12,000 per month with two owners working in the business.

Facilities: 14000 sq ft land area improved with 3800 sq ft bldg completely and nicely remodeled including double walled glass tanks, new servers, newly tiled floor. new roof, new beverage coolers.. Paved parking area with 12 spaces for store customers. Business can be purchased for $425,000 on a lease with an option to acquire the property for an additional $1,400,000. Monthly rent would be $8700 NNN.

Competition: Competes very well with existing station/stores in the area.

Growth/Expansion: The store is a recent addition and has jumped to $80,000 to $90,000 per month level and appears to be growing. The store activity is expected to yield more fuel and propane sales.

Financing: offers considered

Support/Training: Two weeks

Reason Selling: Other interests