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This Business has been Sold!
Closing Date: 05/06/2019
Broker: David Bock
Business for Sale Summary

Independent Gas & C-Store in Monroe County, PA - 28248

Business Type: gasoline service station,misc. retail/non-classifiable,other food stores,convenience store
Sold
Independent Gas & C-Store in Monroe County, PA
On May 6th 2019, The Undersigned
Acted as the Advisor to the Deal
David Bock
David Bock Senior Broker
Servicing: Montgomery County, PA
Bucks County, PA
Camden County, NJ
New Castle County, DE
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $1,888,862 Lease Remaining Register Free to View
Owner’s Cash Flow $155,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

Well-established, independent gas and convenience store- now available. Features 60,000 gallons/month gas, with average pool margin at $.10/gallon. Around 8,500 gallons/month of diesel, . Inside store makes $40,000/month, 65% of which is cigarettes, with a margin, and the remaining 35% grocery and tobacco products average a 45% margin. Lottery commission, presently, is $1800/month, which is $100.00/month higher than the rent! ATM (rented) does $1500/year. PA skill games another 2,000 per month. No rent escalator on first five years of lease! There is a 2% escalator/year, starting in year six. Triple net taxes are $6,700/ year, paid quarterly. All environments are good. New economic pattern promising continued extraordinary returns, are now allowing for HIgh Pool margins. Gas $.45, Diesel-$.75, and off road diesel and kerosene $1.00

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.