Financing: $325,000.00 Down and $40,000 at 5.5% over 18 Months
Reason for Selling:Retire
Absentee run, Profitable yet growing Branded Gas Station and Independent Convenience Store for sale.
Own a growing Branded gas station with a busy yet growing independent C-store on a heavily traveled roadway in PA. .
This business sits prominently on a road that offers a traffic flow over 10,000 vehicles per day and sits on the busiest intersection in town.
They currently have the balance of 7 year supply agreement (5 years left), with a highly sought after brand of gas and diesel; set your own margin says the seller.
Gas sales have risen steadily since this Brand of gas and $90,000. in updates were installed in 2015. Business also includes an absentee run and growing independent C-store of 2500 sq ft. Features include Very low rent at $2,650/month, a long term (up to 20 year) NNN lease. Also included are updates; 3 new pumps with 6 fueling positions a brand new POS system and new outdoor LED fuel pricing signage. Presently doing 40,000 Gas gallons/month @ $.17/gallon average margin and 500 gallons/month Diesel @ 0.80/ gallon margin (no diesel in area). C-Store sales average $63,000 a month without lottery. Bill pay & money order $3,000 commission a year, lotto commission $35,000,/year, ATM Income $4,000 a year. Importantly, this money is being made durring limited hours; store hours 6 Am - 10 Pm.
Plenty of room for growth by adding deli, sandwich shop, check cashing, add commercial high marine diesel and more.
Also with the recent installation of Skill gaming seller is enjoying an extra $300.00/week in profit from just two machines.
Seller has just added 3 more. Seller claims Absentee owner will enjoy a Cash flow of $140,000.00/year while an owner operator will enjoy a cash flow of $215,000.00
Seller will be happy to give All Historical sales and all other docs needed to Qualified Buyer in due diligence.
Property Size 0.5 Acre.
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