Gas Station & Liquor Store With Real Estate
Location Delaware,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1300000
Net Profit / Cash Flow $247000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description This property include Gas station with 3500 S.F store & 1500 S.F liquor store in Kent County, DE. It is on busy road of town. This business has a steady customer flow for gas and convenient store. Current owner is getting approximate $16,000 commission per year from Gas (6 cent per gallon), Gasoline supplier paying credit card fee for gas sale and all gas related maintenance. Groc. Store is $700,000 per year with 32% profit margin and Also Store has lots of other income from Lottery, Propane, Western Union, ATM. Liquor Store is $600,000 per year with 24% profit margin.
Business owner running this business with partly absentees. Great opportunity for New Owner / Operator to operate two businesses in same time. Cash flow projected is for owner/operator working 50 hrs. per week taking NO salary; before debt service.
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