Profitable Gas Station with Convenience Store

Philadelphia, PA (Philadelphia County)

Seller Financing Available
Profitable Gas Station with Convenience Store
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Asking Price: $375,000

Cash Flow: $117,043

Gross Revenue: $4,006,352

EBITDA: N/A

FF&E: N/A

Inventory: $55,000*

Rent: $8,800 /Month

Established: 2001

*not included in asking price.

Profitable Gas Station with Convenience Store

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Business Description

Fantastic opportunity to own a well-know branded Gas Station with Convenience Store in a bustling Philadelphia business and residential area. The business has operated at the same location for 18 years and continues to perform well even with other convenience stores in the area. This location has four pumps, a large store and income generating vacuum and air. Fried chicken was introduced in March of 2018 and has increased monthly revenue. Additional income generated by ATM and almost $40,000 in yearly lottery commission. The owner works part-time and has 2 full-time and 1 part-time employees to operate the station 24 hours a day. A new owner could work additional hours and possibly reduce staff or close at midnight and reopen at 6:00 am to save on payroll costs. Seller Financing of $187,500 makes this an attractive investment opportunity for someone looking to start their own business or acquire another.

Detailed Information

Location:
Philadelphia, PA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
3
Facilities:
Gas Station with Convenience Store.
Growth & Expansion:
The convenience store is not franchised. A new owner can bring in a franchise to increase exposure and revenue.
Financing:
$187,500
Support & Training:
Seller to provide two weeks of training.
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Satish Suri

Business Listed By:
Satish Suri

ASPIRA Business Brokers & Advisors

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Sponsoring Broker:
Orlando Rivera, J.D.

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