107289-RB Profitable Branded Gas Station in Williamsburg VA

Williamsburg, VA (James City County)

Seller Financing Available
107289-RB Profitable Branded Gas Station in Williamsburg VA
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Asking Price: Get Financing: $175,000

Cash Flow: $100,000

Gross Revenue: $660,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Lease Rate: $4,000 /Month

Established: 1993

107289-RB Profitable Branded Gas Station in Williamsburg VA

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Business Description

Amazing chance to own a well-established gas station and convenience store! With over 25 years at this location, this is a familiar stop for drivers as they travel to and from some of Virginia’s most popular destinations. At $4,000 monthly rent, this business is bringing in $50,000 in inside sales each month at a 40% profit margin. This gas station has 16 newly replaced, EMV ready pumps, offering regular, mid-grade, and premium gas, 4 of which offer diesel fuel. Currently patrons are pumping 77,161.51 gallons per month, making the owner $0.04 profit on each gallon sold. The 1,800 square foot convenience store offers both regular and gourmet foods for travelers as well as beer, wine, lottery, and tobacco. The current owner has laid the groundwork for the new owner to begin selling growlers, check cashing, and for bringing in a popular ice cream shop. The addition of a deli would also be a great way to expand. Western Union has also established a location in this convenience store and will be ready to start business under new ownership. Food trucks have also paid rent in order to park outside, and would be willing to continue their partnership with a new owner. At a sale price of $175k plus inventory, this already successful business has all the ingredients to take profit to the next level, snatch it up now and get ready for tourist season!

Inside Sales $50,000 per month at 40% margin
Inside Sales Breakdown
Grocery - 24.2% of total sale at 75% margin
Beer / Wine – 13.77% of total sale at 33% margin
Cigarette – 25.37% of total sale at 28% margin
Novelty - 10% of total sale at 100% margin

Gasoline Sales 77,161.51 gallons per month at $0.04 profit / gal
Lottery Commissions $1,200 per month
ATM / AIR / Vacuum $325 per month
Cigarette Buydown/Rebate $2,900 per month
Rental Income $600 per month (has not negotiated for this year)
Check Cashing / Money Order / Western Union / Moneygram (Seller is approved, but has not initiated these services)

Detailed Information

Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Deli, Ice Cream Shop, Check Cashing, Growler sales. Recently added Diesel. Only Gas Station with Diesel in 2 miles. Recently added Western Union service.
Financing:
75000.00
Support & Training:
2 weeks
Reason for Selling:
Relocating to another state.
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(from currently available funds)
 
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Cobus van der Watt

Business Listed By:
Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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