Business Overview

Chevron Branded Gas Station with Convenience Store and Property located on a Busy Corner in Tucson available for sale! Newly Remodeled and includes a New Cooler, New Gas Pumps and New POS System! The Convenience Store is primarily in a Low Crime Residential Area with a High School and Middle School close by. A one stop shop for Groceries, Snacks, and includes Liquor License #10. Room to grow by adding Hot Food and increasing Open Store Hours. Seller manages the business and advises this is an Easy Operation. A great opportunity to own the Business and the Real Estate! For more information, please contact Vinni Sapra via email at vinni@wcibroker.com or text/call to (480) 227-3184.

Financial

  • Asking Price: $1,500,000
  • Cash Flow: $258,912
  • Gross Revenue: $1,808,603
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: $55,000
  • Inventory Included: N/A
  • Established: 1992

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:2,200
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2-weeks

Purpose For Selling:

Moving to California

Additional Info

The business was started in 1992, making the business 30 years old.
The deal doesn't include inventory valued at $55,000*, which ins't included in the asking price.

The company has 3 employees and resides in a building with estimated square footage of 2,200 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. However, the genuine factor and the one they say to you may be 2 absolutely different things. As an example, they may state "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may just be justifications to try to hide the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of other reasons. This is why it is very essential that you not depend completely on a vendor's word, however rather, make use of the vendor's solution in conjunction with your overall due diligence. This will repaint an extra realistic image of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans so as to cover items like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that revenue margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that should be met or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in brand-new consumers? Often times, businesses have repeat clients, which develop the core of their day-to-day earnings. Specific variables such as brand-new competitors growing up around the area, roadway construction, and also personnel turn over can impact repeat clients as well as adversely influence future earnings. One essential thing to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business often, the higher the chance to develop a returning client base. A last idea is the basic area demographics. Is the business located in a densely populated city, or is it located on the edge of town? Exactly how might the local median house earnings effect future revenue potential?