Profitable Shell Gas Station with Convenience Store Available

Versailles, KY (Woodford County)

Profitable Shell Gas Station with Convenience Store Available
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Asking Price: $109,000

Cash Flow: $100,000

Gross Revenue: $1,950,000

EBITDA: $100,000

FF&E: $12,000

Inventory: $70,000*

Rent: $3,750 /Month

Established: 1988

*not included in asking price.

Profitable Shell Gas Station with Convenience Store Available

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Business Description

Busy and profitable Shell gas station with full service convenience store is now available. This store is located on a major highway between Lexington and Versailles, Kentucky. This established business has numerous revenue sources - gas sales, propane sales, lottery sales, Hunt Brothers Pizza, ATM, complete coffee bar, Beer and other typical convenience store items. The business also provides U-Haul rental services. Lottery commissions for 2017 were over $20,000.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
12/16/2021
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Modern well kept facilities with close to a half acre of land. The building has approximately 3,200 sq. ft. of space. There are six fuel pumps with 12 pumping stations. The station has 4 each 10,000 gallon recently installed fuel storage tanks, 1 for premium gas, 1 for plus gas and 2 for regular gas
Competition:
There is competition but the "Shell" name has a superior customer following then the gas stations located close by. The high traffic count on the highway provides plenty of business for this station and for its competitors.
Growth & Expansion:
There is room to expand the convenience store should this be desired. The location of this business, on a busy primary highway between Lexington and Versailles, is a growing and dynamic area in Central Kentucky.
Support & Training:
The sellers will work with a new buyer for a reasonable period of time to allow for a smooth transition.
Reason for Selling:
Family is relocating to the West Coast of the USA
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Contact the Seller

(from currently available funds)
 
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Thomas Holmes

Business Listed By:
Thomas Holmes

Berkshire Hathaway HomeServices Professional Realty

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Sponsoring Broker:
David Mussari

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