Business Summary:
This gas station is situated in a very dense populated area. Excellent lottery income of $62,000/year. Convenience store is very spacious, so seller has rents part of the store to Dunkin Donuts at $2,500m per month of 9% of volume, whichever is greater. The supply contract with Lehigh is for rack + 3 cents and it ends on 4/30/21. One week training in Virginia. Transfer fee is $9,000 to be paid by buyer. Gas volume is 60,000 gallons per month at high pool margin of 19 cents and the convenience store ‘s revenue is $35,500 at a 25% gross profit margin. This gas station has a high list of assets since seller owns everything except ground. Great Opportunity, Reasonable Price, Seller Financing and Excellent Cash Flow. Cash flow reflects one FT owner/operator taking no salary.
|
|
|
