Listing ID: 84108
Self-Serve Gas station on a busy traffic road in an affluent town situated to the north-west of Boston. Seller operates as a dealer and has lease with the brand company and has been running successfully since 2006.
It is high margin gas station selling gas and diesel,
Convenience store offer grocery, cigarettes/cigar products, beer/wine and has live keno lottery plus ATM/Bitcoin etc.
Projection in the year 2021
Gross sale inside $825K +
Gas gallons 700K + ( profit margin per gallon 30 cents +)
Lottery Commission 150K+
Money making business not to miss!
Note: Gross Revenue includes Lottery sales
Note: Brand company owns Real Estate. Real Estate is not for sale.
For more details send inquiry request by email
Buyer to sign Non Disclosure Agreement
Business for sale is strictly confidential.
Proof of fund is required to see more details.
No Seller Financing
Information regarding business for sale is provided by seller and other sources is not verified in any way by Green Star Realty or it’s salesperson, and has no knowledge of accuracy of said information and makes no warranty, express or implied, as to the accuracy of such information Buyer to do his own due diligence.
- Asking Price: $899,000
- Cash Flow: $275,000
- Gross Revenue: $6,000,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $250,000
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
4 Dispensers with 8 Pumps. 4 fuel Tanks
The sale won't include inventory valued at $250,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell companies. However, the true reason and the one they tell you might be 2 entirely different things. As an example, they may state "I have way too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is really essential that you not rely entirely on a vendor's word, but rather, make use of the seller's response together with your overall due diligence. This will repaint a much more sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money so as to cover points such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest that profit margins are too thin. Numerous organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract brand-new consumers? Many times, businesses have repeat clients, which create the core of their everyday revenues. Certain aspects such as new competitors sprouting up around the location, road building, and staff turn over can influence repeat customers as well as adversely affect future earnings. One important thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the better the possibility to construct a returning customer base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the local typical house earnings influence future income potential?