Gas Station and C- Store

Public
  • Listing# : 5916
  • Listed Price : $390,000
  • Total Sales : $4,450,000
  • SIC :
  • Down Payment : $290,000
  • Status : Closed
  • Discretionary Earnings : $133,080

Business Type :

Gas Station / Gas Station/C-Store

Business Description :

Remodeled, pristine, Branded Station in exclusive area of Fort Lauderdale. Strategic area,only 1.5 miles from beach and airport, half mile from Port Everglades,NEW TANKS. Large Convenience Store, Auto Repair bays (easily removed to expand C Store if desired, OR rented out), Diesel fuel, name brand,approx .7 acre of prime real estate situated in a bustling area. Seller is looking to retire,is motivated to deal. Seller financing of up to $1M for qualified buyer! Bring your creativity, marketing and energy to enhance this business and excellent location. Opportunity to own your own business and land without having a petroleum company dictate to you !! New owner has right to change Petroleum supplier with 30 day notice.Note: Figures below are a projection based on prior data as a generic branded station. Gallons- 100k per month @ 15c pool, $35,000 C Store monthly, $23,000 Auto Repair monthly - Station was closed over 9months in 2009 for remodeling,new tanks,etc.With new brand,new look,business projects to another 25%-30% above figures below.Expenses include debt service proposed of $1M.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $2,000,000
    • Incl : No
    • Inventory $35,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $25,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $340,000
    • Incl : Yes
    • Total Assets $400,000
    • Incl : Yes

Lender Prequalified: No

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