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Oak Park, PA
Rare opportunity to purchase a gem of a company in one of the most lucrative business fields-garbage hauling- that is not sensitive to foreign competition and will never go away. Heavy assets,strong cash flow,good staff and reselling business is always an option some years down the road too. Company has cash flow of 950 K and 2.1 M in assets.Great business!
Northumberland County, PA
Owner relocating out of state for this highly profitable, Sunoco gas station and convenience store & Lotto in a central area of Northumberland County, PA. The business pumps a fuel volume of approximately 310,000 gallons annually, with an average markup of $.16. The convenience store has a yearly gross income of $630,000. The sale includes a long term commercial lease at a fair rental cost and an option to purchase the real estate. The business has been fully upgraded during the past few years and all equipment is in excellent working condition. All underground tanks are in excellent condition and are the responsibility of the landlord. The sale includes a fully equipped gas station and retail convenient store with displays, shelving, POS system, tables, computers, and refrigeration & freezer units including all the necessary equipment to maintain the day to day business operation. This particular business has five full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,000. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $2,300 and rent security $3,600. The business facility which consists of 1,400 sq. ft. has a capacity for twenty customers. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 30% investment return to the owner operator prior to debt service. The 2014 gross yearly income from the C-Store is $630,000 and fuel profit of $49,600. The yearly net income is $91,000 prior to debt service. The business has been valued at $335,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Additionally an option to purchase the real estate is available for $450,000. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
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