Business Summary:
Branded gas station in busy town intersection in Bucks County, PA. Includes 8 Full service gas pumps that does over 1,000,000 gallons per year in business. Family run establishment that also includes small amount of snack food and beverage vending as well as a thriving U-Haul truck and trailer rental business. Owner has put down $40,000 Security deposit for residual Gas which will transfer to new owner at the time of settlement with a separate check of like amount. Three bays next to cashier room with hydraulic lifts allow room for mechanical and inspection station expansion. Currently doing some tire, brake and oil change business. New tire changing and balancing equipment available for sale by owner. There are no property improvement costs, as this is handled by the gas company directly. New owner can lease station or can option for purchase after term of lease is up. Present lease terms can be extended to new owner which includes 6 months no payments, then creative lease arrangements available thereafter. New owner will be required to pay a $10,000 transfer fee to Management Company to take over present lease.
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