Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$220,000	Inventory	$60,000**
Gross Income	$1,644,000	Real Estate
Cash Flow	$100,000	Year Established	1980
FF&E	$30,000*	Employees	2 ft & 4 pt

* included in the asking price

** not included in the asking price

This Branded Gas Station was completely renovated two years ago. It has a large convenience store and a complete kitchen with deli glass cases. The kitchen is also equipped for a bakery so the restaurant could be expanded to a coffee shop or a full dinner. The Inside Sales are $75,000/month at a 27% GM. In addition they sell lottery, accept food stamps and have their own cash machine. The station pumps approximately 20,000 gal per month with an average pool margin of $0.17. This business has a total Gross Profit of $327,000 resulting in a Cash Flow of $92,000. They operate 24 hours per day 7 day a week.

Facilities: The rent is $4375/month. The lease expires in Mar 2009 followed by two 5 year options, so total lease go until 2019. There are 3 fuel tanks, 12,000, 8,000 and 6,000. All tanks were relined and cathodically protected in 1996.

Growth/Expansion: There are booths and tables in place to expand the restaurant. The facility also has WIFI, which could be a free attraction for a coffee shop.

Financing: Seller wants cash out

Support/Training: Training as required

Reason Selling: Owner is retiring