Business Summary:
Shell Food Mart with Property - Does about 75,000 gallons of gasoline/mo. at 15 cpg. Station has 4 MPD's, canopy, is all self serve, has pay at the pumps and is located on a major busy inteersection. Cost of gasoline is rack plus 2 cents. C-store does about $60,000/mo. at 30%. Store renovated about 2/3 years ago. Lottery does about $15,000/mo. at 6%. Station is run absentee. Open 24 hours per day. Great location! Won't last! Oil school required. Station has lots of parking. Loan of $1,075,000 may be transferred to qualified buyer (10 years fixed at 8.3%, payments of $8,600/mo.). Seller is also willing to sell the business for $300,000 with a 10 year lease with a rent of about $11,000/mo. plus real estate taxes of about $1,000/mo.
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