Description Excellent opportunity to own this Sunoco Gas Station with active convenient store on a busy highway in commercial area of Pennsylvania. The sale includes a fully equipped gas station with four pumps, a large canopy and a fourteen hundred square foot convenient store. The business has a gross income of $408,700 and a consistent net yearly income of $125,000. The gas station offers diesel, Lotto, ATM, parking, U Hall and additional income to the owner operator. The business produces 840,000 gallons of fuel yearly at a minimum pool margin of $.15 cents and $700,000 from the convenient store.
This particular business has four employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $5,350. The sale will include an assignable commercial lease which expires in 2024 plus additional options, with a monthly rent of $6,000 and rent security $6,000. The sale includes a fully equipped fuel gas station with a turnkey convenient store consisting of Lotto equipment, fuel pumps and tanks and various equipment required for this particular industry. The facility has private parking on site as part of the commercial lease agreement. The business is active seven days per week, with hours from 6:00 am to 9:00 pm.
The sale includes a certificate of occupancy from the particular municipality and license approval for Lotto. The sale includes a long term commercial lease agreement at a modest rent cost with an option to purchase the real estate and the business has a ten year fuel contract, Based on the asking price, required down payment and yearly net income, this business expect to supply a 33% investment return to the owner operator prior to debt service. This is an excellent business opportunity.