Business Summary:
Attn: Tauseef Syed
Branded Gas Station 3 Hrs From Chicago
IL, USA
Asking Price: $1,325,000 USD USA Dollars
Industry: Auto & Mech: Services & Gas Stations
Reason for Selling: Relocating
Year Established: 1990
# of Employees: 5
Yearly Revenues: $3,733,555
Yearly Cash Flow: $120,000
Yearly Net Profit: $537,000
Yearly Gross Income: $3,733,555
Monthly Payroll: $6,000
Overview:
This is really well established and 17 years old with steady money making machine store. Its hard to find gas station doing this kind of volume! This is a Phillips 66 Branded gas station doing $125,000 inside sales and 55,000 gallons a month. There is 10-12 cent gas margin and 25-27% inside sales profit margin. Store size is 2,500 square feet on almost one acre of land. Property tax is around $7,500 per year. Parking for 12-15 cars. There is a 9 door walk-in cooler and three Coke & Pepsi coolers. Sells beer, wine, and liquor. Owner just spent $30,000 On remodeling. There is no gas contract. Had to find with this much inside sale.
Property Features and Assets:
Building is just remodel.
Market Competition and Expansion:
There is no competition, neighborhood location, 250 trailers sitting behind the station.
Additional Details:
* The property is owned.
* The owner is willing to train/assist the new owner.
* The owner is willing to work for the new owner.
* This is not a homebased business opportunity.
* This is not a franchise resale opportunity.
* This is not a distressed business or bankruptcy situation.
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