Liquor and Gas Station For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1980000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Description Business with Real Estate: $1,495,000
Sales Figures:
-- Store sale: $70,000 /month (lotto sale is not included) at 33% profit margin.
-- Store has Liquor license.
-- Gas sale: 35,000 gallons /month at 8 cents /gallon profit margin.
-- ATM income : $300/month.
-- Lotto Income: $7,000 annually.
-- 2010 tax year Gross Profit: $280,767
Store Description:
-- Gas station has two tanks 12,000 gallons and 8,000 gallons capacity.
-- Underground tanks were installed in 1996.
-- Located on city's busy street.
Expenses:
-- Payroll: $5,000/month
-- Electric Bill: $3,000/month
-- Insurance : $450/month
Seller can negotiate the price for favorable down payment terms. Prospective Buyer needs to sign Confidential Agreement before any further information is provided.
Notice: Buyer understands that the Harpreet Singh or its agent(s) does not audit or verify any above information given to or gathered by Harpreet Singh or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Harpreet Singh or its agent(s).
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