(LEE)irv Gas/convenience ,lottery with REAL ESTATE

Plymouth County, MA

(LEE)irv Gas/convenience ,lottery with REAL ESTATE
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Asking Price: $975,000

Cash Flow: $150,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $40,000*

Real Estate: N/A

Established: 1960

*not included in asking price.

(LEE)irv Gas/convenience ,lottery with REAL ESTATE

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Business Description

Hi traffic location entering downtown.Self service with convenience store inside. Gas prices are two tier cash and credit. Store is approximately 1742 s.f Hours are 7:00 am to 9:00pm Monday - Saturday 8am-8pm Sunday

The net sales is $308,000 after cost of goods.

The gallon a year is 614,000,000 @ $.030 average profit all grades of gas.. Owner charges two prices one for cash and other for credit card. The Store grosses $400,000 Lottery commission is $22,100 yearly expenses :payroll $57,000 @ $12.00 per hour
Payroll tax $6,270 (92 hours week). Mortgage is $62,088/per year including r.e. tax of $9,905. Electric $18,000, gas/heat $600 insurance $4000, phone $1500. Alarm $500 rubbish $1,200 credit card non gas 2400 total expenses $151,138

MUST SIGNED A NON-DISCLOSURE : SEE BELOW

This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
1,742
Employees:
3
Facilities:
The station has 4 pumps and 8 nozzles with Canopy 4 tanks, with each 6000 gal. 2 regular, 1 diesel, and 1 premium ) tanks are double wall fiberglass. The lot size is 37,026 s.f.
Competition:
Currently there is a current mortgage from a bank insitution.
Growth & Expansion:
The hours can be increase to increase store sales and convenience sales
Support & Training:
Will train new Buyer in management of business and daily operation
Reason for Selling:
The owner has other interest
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(from currently available funds)
 
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Ming Dong

Business Listed By:
Ming Dong

Lee Brokers

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