Well Established Gas Station with High Merchandise sales

Volo, IL (Lake County)

Well Established Gas Station with High Merchandise sales
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Asking Price: Get Financing: $2,600,000

Cash Flow: $483,289

Gross Revenue: $3,717,764

EBITDA: N/A

FF&E: $500,000

Inventory: $145,000*

Real Estate: $1,700,000

Established: 1990

*not included in asking price.

Well Established Gas Station with High Merchandise sales

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Business Description

High Merchandise sale gas station with Million gallons a year 22 cents margin

Well Established Gas Station with High Merchandise sales, please only serious inquiry, seller's absentee, built in 1990 and $500'000 fully renovation in 2015, tanks, 10 fueling positions all MPDs installed in 2015, Roof, cooler and POS. Selling liquor and beer. Extra yearly Income is $60'000 per year. Jobber will keep 17 years supply agreement and only conventional financing available. NO SBA if you have funds ready $900'000 to inject in this business rest will finance bank. On your cash injection, you can make $300'000 a year, your investment rate if the return is 3 years. Please have funds ready before you call to our office. This Opportunity good for investors if they can manage also. We do have all seller 3 years financials available in the office for review.
PROOF OF FUNDS REQUIRED.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,400
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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(from currently available funds)
 
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Tauseef Syed

Business Listed By:
Tauseef Syed

R & J Commercial

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