Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$260,000	Inventory	$55,000**
Gross Income	$2,000,000	Real Estate	$920,000**
Cash Flow	$70,000	Year Established	1998
FF&E	$35,000*	Employees	5 - 3 partime

* included in the asking price

** not included in the asking price

Branded station with convenience store and deli. Well established with steady volume and margins. Pumping 50,000 gal per month with average pool margin of 16 1/2 cents. The inside store averages $50,000 per month at 30% GM. Also has lottery and food stamps which contribute between $2,000 and $3,000 per month. The inside store has a deli with a new Fryer and Hot case that could be expanded. The store prices are input through the office computer using a total POS software package including scanner. There is a security system with 8 sights. Seller has owned the station since 1998. Seller owns the property and is willing to set the price of the property today at $920,000 and extend an option to purchase in 3 years. At that time the Seller would carry back a contract on the property to qualified buyer. Owner will sell business and property today with $300,000 down and finance the balance over 25 years at 7 1/2%

Facilities: The rent is $4,500/month with a 5 year lease and 5 year option. There are two gas tanks, 24,000 gal regular and 8,000 super with blending pumps, 4 dispensers with 8 fueling positions. There is one 16,000 diesel tank. All tanks are plastic lined steel completed in 1996.

Growth/Expansion: Great possibilities to expand the deli section

Financing: Cash Out on Business

Support/Training: As required

Reason Selling: Other business interest