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Gas Station - Small Town, High Margins
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $1728339
Net Profit / Cash Flow $98000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2003
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Owner has other interests.
Description AVG $52K monthly inside sales & 24K gallons monthly outside. This is a great buy for the amount of volume this stores does. It is situated in a small town but that is the beauty of it. There is no competition for 12 miles - no gas station, no grocery store, nothing. This town and the surrounding towns love having this store, support this store and want this store to be around for a long time. There are lots of ways to grow sales in this store. The store sells beer and wine but the owner will assist the buyer in obtaining a full liquor license to sell hard alcohol if they want it. There is plenty of space to add grocery and convenience items that your customers will not travel 12 miles to get, such as beer, liquor, tobacco, diapers, paper towels, etc..The store is currently branded but could be changed fairly easily. Store has $88k in payroll alone that could be replaced and is only open from 6 -10. Plus owner pays himself $26k per year. An owner operator could replace all of this payroll and run the store themselves. Store has rental income of $400/mos from a service company and car wash that uses the space. Current owner is not in the gas business and bought as an investment. NFR letter from state for past environmental should be on file shortly - proof of clean ground and functioning tanks. Contact for more information on this Gas Station for sale.
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