60K NET Absentee-Run Unbranded 8 Pump Gas Station on Busy Intersection

Phoenix, AZ (Maricopa County)

60K NET Absentee-Run Unbranded 8 Pump Gas Station on Busy Intersection
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Asking Price: $120,000

Cash Flow: $60,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $65,000

Inventory: $37,500*

Established: N/A

*not included in asking price.

60K NET Absentee-Run Unbranded 8 Pump Gas Station on Busy Intersection

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Business Description

If you are looking for a solid opportunity that makes money and is absentee run then look no further. Due to the seller's health the seller must sell this business which has been owned by the seller for over 10 years. The convenience store does around $15,000 to $20,000 in sales a month and the station pumps around 15,000 gallons a month with a profit margin of 60 cents per gallon, that's right 60 cents! The store currently has two employees and is open from 6am to 10pm daily. Lease is only $4450 per month for 4.5 years with a 5 year option. Run it yourself and save thousands on payroll and extend the hours to earn more income. This store really has tons of potential. Before the seller's health deteriorated this store was doing almost double when the owner was more involved and made sure everything was stocked up. This station would have easily sold for triple this price 2 years ago. Hurry up these kinds of deal don't last.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Gas Station located in a corner of a very busy intersection
Growth & Expansion:
Tons of room for growth and potential with a dedicated owner.
Support & Training:
2 Weeks after Sale
Reason for Selling:
Seller's Health
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(from currently available funds)
 
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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