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Financials

Asking Price: $249,000

Down Payment: $249,000

Gross Sales: Gas Average monthly +/_120,000 Gallons & C-Store Average monthly sale +/_ $24,000

Discretionary Cash Flow: Average

+/-$144,000 yearly

Inventory at Cost: $30,000

(Not included in the price)

FF&E: $70,000 ( included in the price)

Rent: $5,200/ Month

Payroll: $4,000

Seller Financing: Call/Email

SBA Pre-Approved: No

Background

General Location: Artesia

Category: Gas Station

Organization Type: Sole Proprietor

Years in Business: 30 years

Under Present Ownership: 6 years

Hours of Op: 7 days 6am-11pm

Owner’s Hours: absentee

Training: 2 weeks @ 20 hours per week

Lot Size: +/_18,000

Bldg Size: +/_900 SF

Lease Expiration: 2025

Lease Option: N/A

Parking: Plenty

Employees: 2FT & 2 PT

Reason for Sale: Call/Email

Summary: This is a great independent Gas Station & C-Store in city of Artesia, with 4 MPDs and approximately 900 Sq ft convenient store and a lot size of approximately 18,000 sq ft. This gas station pumps average of +/_120,000 gallon with 12cents pool margin per months, with average C- Store Sales of $24,000 Per months at 35% profit margin. Business is presently open between 6am to 11pm. New buyer can possibly add more services to increase revenue, like check cashing, payment center, money orders, western union etc. This gas station is conveniently located close to FWY 91 & 605.

Long term lease of 15 year, with low rent of $5,400 month.

 

Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.