Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$65,000	Inventory
Gross Income	$1,920,000	Real Estate	$525,000**
Cash Flow	$84,000	Year Established	1989
FF&E	$10,000*	Employees	1ft & 2 pt

* included in the asking price

** not included in the asking price

Great business for sale

Submit ALL OFFERS immediately, don't miss out on this one. Several offers on table, seller wants to simply go with the best one. Sells, on avg, 42k gal/mo in fuel and has $40k INSIDE sales/mo. NET PROFIT from "outside/gas" alone is $6,200/mo (this is after credit card expenses). There is an opportunity to increase that with better signage. There are no contracts on the fuel so full profit from it will be made by the new owner of this store. Credit card sales are only 35% of total gasoline sales and, with the current setup, all customers have to come inside to pay with their credit card, which not only results in lower credit card fees but also an opportunity to upsell a grocery/snack/newspaper product. The current monthly rent/maintenance comes out to $5,500/mo (this includes $4500 rent, $250 proptax/ins, & $750 maintenance/repair expenses). The major triple-net expense is for repairs which can be drastically reduced with a new pump deal with a branded gas company (remember the actual rent + tax/ins is only $4,750). You can pay the rent, utilities, credit card expenses for the entire store and all other misc expenses from the gasoline profits alone! From the inside sales you need only to pay payroll and the rest is profit. The inside sales are estimated to be $40,000 per month with an average of 22% margin for a monthly gross profit of $8,800. Only one part-timer is needed which after payroll taxes, etc will cost less than $1,800. So combining the owner's salary for working there and the net profit, the owner can take in $7,000/mo, or roughly $84,000 per year after accounting for ALL other expenses, mostly because the fuel profits pay all other expenses. Yes, this one IS a steal! It's what you are looking for.

Facilities: 800sq ft convenience store with a high volume of sales. Easy to manage, trained & established long-time employees. Includes cooler, pumps, tanks, coffee machine, fountain drinks machine, all the cash registers, credit card machines, and gas monitors, etc.

Competition: NO OTHER GAS STATION NEARBY SELLS ANY BEER! Only 3 other stores in a 3 mi radius and this is the last one on the way to a larger city to where many people from this city commute to...and it is on the right hand side. It is a very easy stop & go business for the morning commute with day-long business coming from nearby community events and other passerbys.

Growth/Expansion: THERE IS CURRENTLY NO BEER, LOTTERY, OR DELI AT THE STORE...ALL THREE ARE ALLOWED (already checked with local officials)!! The sales #'s above are WITHOUT beer/lotto/deli, imagine if you add that as well! With a gas station that has enough traffic to pump 42k gal/mo, you can easily generate an additional $2k/mo from lotto, $3k/mo from deli, and at least $2k/mo from beer. These total to $7,000/mo in ADDITIONAL NET PROFIT which can MORE THAN DOUBLE THE CURRENT NET INCOME to the owner/operator to $168k after paying ALL OTHER EXPENSES

Support/Training: Up to two weeks of training may be provided. There is a huge opportunity to grow this business with some smart merchandise buying (lower inventory costs) and great customer service.

Reason Selling: Seller needs cash for other investments.