Business Summary:
Numbers are from 2017. Net income 2018 exceeds $900,000. Highly profitable gas station on a very busy state highway in urban area. Station is only 9 years old. Seller retiring to Florida. Business is 70% diesel. Corporate accounts for major $ and receivables are approximately $800,000 to $1,000,000 at any given time. Seller willing to finance 40% of purchase price for 5 years at 6%. To get this deal you need 1) $1.5 million down payment, 2) $1 million to fund other receivables, 3) $200,000 to $300,000 working capital. All prospective buyers will need to provide proof of funds prior to meeting seller.
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