Independent gas station and C-Store in a central area of Pennsylvanian and in the County of Northumberland. The business has yearly gross fuel sales of $956,000 and the convenient store has a yearly gross income of $762,000. The sale includes a long term commercial lease with a fair rental cost and an option to purchase the real estate. The business has been fully upgraded during the past few years and all equipment is in excellent working condition.
This particular business has five full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,000. The business has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $2,600 and rent security $2,600. The business facility which consists of 1,800 sq. ft. has a capacity for twenty customers.
The sale includes a fully equipped retail convenient store with displays, shelving, POS system, tables, computers, and refrigeration & freezer units including all the necessary equipment to maintain the day to day business operation. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 10:00 pm.
The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 35% investment return to the owner operator prior to debt service.