Business Overview

This gas station has been around for about 11 years and centrally located on a major East/West road in Ft Myers, set on an outparcel of a large shopping center and school. Business is run completely absentee owner and needs an owner/operator on hand to grow sales and profit centers. There’s a large space for a QSR or any possible franchise concept like DD and Subway. Store does approx.$33K/month @30% and gas 37K/month at an average of $.26/gal. Buyer will receive a 10 year lease at $15,560/month and a 10yr supply agreement at rack +$.02/gal. Flexible lease terms. First and security will be required as well as $30K fuel deposit. Very flexible lease terms. NDA is required prior to providing additional information.

Contact Mark Habib at (561) 379-7276.

Financial

  • Asking Price: $70,000
  • Cash Flow: $30,000
  • Gross Revenue: $1,900,000
  • EBITDA: $30,000
  • FF&E: $40,000
  • Inventory: $50,000
  • Inventory Included: N/A
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,500
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Large C-Store with QSR space 6 dispensers with 4 fuel grades approx. 3 yrs old

Is Support & Training Included:

2 wks

Purpose For Selling:

Consolidating

Pros and Cons:

There are several other gas stations in the vicinity

Opportunities and Growth:

Can add food concept to increase traffic in the C-Store, U-Haul or mobile car wash.

Additional Info

The company was founded in 2010, making the business 12 years old.
The deal doesn't include inventory valued at $50,000*, which ins't included in the listing price.

The business has 4 employees and is situated in a building with disclosed square footage of 3,500 sq ft.
The building is leased by the company for $15,560 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell operating businesses. However, the genuine factor vs the one they say to you may be 2 entirely different things. For instance, they might say "I have way too many other commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of altering demographics, increased competition, recent reduction in earnings, or a variety of other reasons. This is why it is extremely vital that you not depend absolutely on a seller's word, yet instead, utilize the seller's answer together with your total due diligence. This will paint a much more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies borrow money with the purpose of covering items such as stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that earnings margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in brand-new consumers? Often times, businesses have repeat consumers, which create the core of their daily revenues. Specific aspects such as new competitors growing up around the location, roadway building and construction, as well as personnel turn over can affect repeat clients and also adversely affect future incomes. One essential point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the better the possibility to build a returning client base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? How might the regional mean household earnings effect future income potential?