Commissioned Base Gas Station With Convenience and 3 Bay Shop(#22671)
| Asking Price: | $499,000 |
| Gross Revenue: | $480,000 |
| Established Year: | 1996 |
| Cash Flow: | $198,624 |
| Rent: | $12,000 |
Long-Established Commisisioned Based Gas Station with Convenience Store and Repair Shop for Sale
This well-established gas station has been serving the community for many years, featuring a convenience store and a three-bay repair shop on a spacious property. The business has built a strong reputation for reliability and customer service, making it a cornerstone in the area.
Strong Sales and Profitability
The gas station consistently achieves high fuel sales volume, complemented by a profitable convenience store with substantial gross margins. The business demonstrates solid financial performance, reflecting its established customer base and efficient operations.
Multiple Income Streams
In addition to fuel and retail sales, the property includes three repair bays currently rented out, generating steady rental income. Additional revenue is derived from services such as parking, air and vacuum machines, and an on-site ATM, diversifying the income portfolio.
Business Highlights:
Fuel Sales: Averaging 100,000( 7 cents) gallons per month.
Convenience Store: Generating approximately $45,000 in monthly sales with a robust 40% gross profit margin.
Repair Shop Bays: Three bays currently rented out, providing steady rental income of $8,500 per month.
Additional Revenue Streams: Income from parking services, air and vacuum machines, and an on-site ATM enhances overall profitability.
Ideal Opportunity for Owner-Operator
Currently operating under absentee ownership, this business presents a significant opportunity for an owner-operator to take the helm. With the current owner seeking a quick sale due to health issues, a hands-on operator could further enhance profitability and operational efficiency.
