Excellent Cash Flow in Clean Gas Station. With high profit margin thanks to hot food sales, this gas station is a well-oiled machine. The owner keeps excellent records for easily verifiable income. Inside sales average around 43K/month, Gas Gallons of 40K/month, Lottery Commission of $1,600/month. Net discretionary income of $10,000/month after all core expenses.
There is a separate canopy for diesel along with the appropriate layout for tractor-trailers to pull around the building. The location is well-staffed with 3 employees. A new owner can simply step into a management role in a smoothly running operation.
Owner has an assumable mortgage with $300,000 left on the outstanding balance. A buyer can step into this loan with no closing costs and save a significant amount of closing costs.
The owner just spent $10K to upgrade the Cathodic Protection System. Underground storage tanks have recently passed their tank line test in August '14...A
Reason for selling: owner is planning to move to New York City for a business opportunity and a change of pace.
Offered at $648K + inventory, GR $2.1M. Contact County South Business Brokers at 704-821-8888 and mention listing # CS97797.