Absentee Gas Station & CStore - 31718 Business Type: convenience store
Acted as the Advisor to the Deal
Bucks County, PA
Camden County, NJ
New Castle County, DE
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $200,000 | Down Payment | $150,000 |
| Gross Revenues | $2,100,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $140,000 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and 50,000 @ 6% for 36 months
Business Description
Absentee Gas Station and Convenience store now available. Owned 18 years and now newly updated
with new fuel dispensers, new POS, new LED lighting and signage and shelving. (seller spent $140,000.00)
Has new lottery with sales of approximately $1,000.00/month and established PA skill gaming with $3,300.00/month profit.
Inside sales of $33,000/month with grocery profit margin of 40%. Gas: While not a big pumper (36,000 gallons/ month) pool margins are $.30/ gallon.
Location is very busy and gas sales can go up a lot with decreased pool margin. Takes EBT. Expenses payroll $4,200.00/ month Electric $650.00/month,
Trash $110.00/month, Internet $200.00/month, Water $50.00/ month. Triple net taxes $8,400/ year
Landlord is the seller, so they can help with long term lease.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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