Business Summary:
Hard to find Gas Station growth opportunity with half acre lot on a leading corner!!! Modest building expansion gets you seven slot machines (Gaming License required). The non-gas 7-11 across the street does huge slot drop on only five machines! Also, do beer and wine (license required) as another big sales item! Do a car wash!! Do a service food take out – sandwiches or Mexican food, etc. Convert the three bay mechanic garage to do the retail. Owner claims that with a relatively modest investment, you can turn this hot high traffic intersection gas station into a really big overall producer, and there are no other gas stations on the other three corners! Also sells propane at good profit! Does 80,000 – 100,000 gallons per month. Sells Regular, Premium, and Diesel fuel on two islands with two pumps per island. Has all EPA Phase 1 & 2 approvals through 2005 with updates required for 2008 already competed. Hs active EPA water test wells. Tanks upgraded in mid 1990s to double wall fiberglass tanks. Has one 10,000 gallon “Regular” tank, one 8,000 gallon “Premium” tank, and on 8,000 gallon “Diesel” tank. Gas sales are approximately $2,037,000 per year (for 2007) with an average margin of $0.14 - $0.16 per gallon, and the station offers full service as well! Adjacent expansion with 50’ X 106’ vacant lot to the North also available for an additional $85,000.00! Independent Gasoline Company with no franchise buyouts! This one is a good one! Make an offer!!!
For more info,"Google "Ed Smith's Hot List"!!
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