Gas Station w/ Quick-Serve Restaurant @ High Traffic Intersection

Wilmington, DE (New Castle County)

Talleyville Exxon & Krispy Krunchy Chicken
Contact Seller

Asking Price: $365,000

Cash Flow: N/A

Gross Revenue: $750,000

EBITDA: N/A

FF&E: N/A

Inventory: $35,000*

Rent: $8,900 /Month

Established: 1997

*not included in asking price.

Gas Station w/ Quick-Serve Restaurant @ High Traffic Intersection

Save Print Share Valuation Report

Business Description

Professionally Revamped Turnkey Operation

Here's your opportunity to make this gas station w/ convenience store & quick-service restaurant your own and take it to the next level after our team professionally revitalized the operations and facilities. Located at one of the busiest intersections in Delaware, right in the heart of the northern suburbs of Wilmington, an average of ~50,000 vehicles travel via this corridor every day.

This gas station is optimally located between large residential developments and long-time established commercial districts of the northern Delaware suburbs. Only 5 minutes (2 miles) away from the Pennsylvania border, this gas station is a favorite among savvy commuters that want to avoid the more expensive gas on the other side of the Pennsylvania border. The highly visible and brightly lit pumps available 24 hours a day are easily accessible from both major roads of the intersection, and the spacious layout can accommodate vehicles at all 12 pumps simultaneously while allowing for ample room for vehicles to pass between and exit without having to waste time waiting for other vehicles to finish pumping. The premium-branded gasoline and diesel are available at every pump with the benefits of the TOP TIER certified fuel prominently promoted. This gas station dispenses an annualized average of 185,000 gallons per month.

Coming inside the 2,160 sq ft store, multiple revenue streams are generated between the expansive convenience store to the quick service restaurant. Customers have a wide array of refreshment options between the 19 in-wall or stand-alone coolers and freezers and the 4 aisles snack options. More often though, customers are drawn to the restaurant thanks to the aroma of the freshly cooked food. There customers are presented with the menu and specials on upgraded digital displays and can place their order using a convenient ticket kiosk. Orders are prepared fresh in a clean, fully compliant, kitchen that was designed by our restaurateur to operate efficiently with as little as one employee, or multiple employees simultaneously. Once the order is complete, customers can enjoy their food in comfortable seating within the store. Additional revenue streams include a newly added Delaware lottery terminal, ATM machine, and air/vacuum.

The digital presence of the business includes actively managed Google and Facebook sites that were developed by a professional digital marketing agency, complete with up-to-date profiles, photos, frequent postings, and review responses. Online ordering and delivery are conducted through Uber Eats and GrubHub.

The below-market rent covers maintenance and 100% of credit card swipe fees (including pumps, c-store, food, etc.). If maintenance is necessary (which is very rarely the case) it is handled promptly and transparently with a quick and easy ticketing system.

The disclosed gross revenue reflects annualized fuel commission and all non-fuel sales (c-store and restaurant).

Detailed Information

Location:
Wilmington, DE
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,160
Lease Expiration:
N/A
Employees:
4
Facilities:
All equipment, fixtures, and furniture are included.
Competition:
Multiple gas stations service the Concord Pike corridor including BP, Gulf, Shell, Wawa, and another Exxon, although this gas station is uniquely located along commuter routes immediately outside of large residential developments. Concord Pike offers many quick service restaurant options, however there is very limited competition for this location's specialty, fried chicken, with this restaurant having the highest Google rating.
Growth & Expansion:
We expanded the operational hours to 24 hours for the pumps, but there is opportunity for the convenience store and restaurant to also operate for 24 hours (especially considering there is very limited late night dining options on Concord Pike). Instituting a restaurant loyalty benefits program can further enhance repeat patronage. Expanding into more health-conscious restaurant offerings, such as fresh squeezed juices and smoothies, may be well-suited to the local clientele.
Support & Training:
Comprehensive training is provided by Exxon and Krispy Krunchy Chicken for equipment and facilities. Our team will provide business operations training to ensure a seamless transition.
Reason for Selling:
Our team is preparing to embark on a new revitalization project.
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Farid

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1629220 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Tint World

Franchise Opportunity
Capital Required: $149,000