Asking Price: $295,000

Cash Flow: $165,000

Inventory: $6,000 (Not Included in Asking Price)

FF&E: $5,000 (Included in Asking Price)

Seller Financing: Owner may finance some of the inventory for 6-12 months.

This station sells 105-110,000 gallons per month at $0.14 pool margin. The station has six pumping stations (12 filling areas) and two 10,000 gallon underground tanks. The owner is currently adding diesel since there is no diesel available within 13 miles of the station. The 800-900 square foot Quick Farm convenience store sells approximately $35,000 per month at 31% gross profit margin. Convenience store royalties are 6% of sales excluding cigarettes and lottery. Lottery commission is around $11,000 annually. Station is run absentee with a competent manager on site. An owner-operator’s cash flow would exceed $125,000 annually.

Sales price is $295,000 plus cost of inventory of approximately $30,000 plus cost of gasoline inventory (approximately $20-35,000). The real estate is owned by a third party. Rent is $4,000 per month with increases every five years. Franchise transfer fee of $25,000 must be paid by the buyer. A deposit of approximately $30-35,000 will be required by the distributor and can be paid in cash or via letter of credit.

The station runs two shifts (7:00 AM – 11:00 PM). There are three employees including a manager. A new owner could decide to operate a third shift or keep the gas pumps open from 11:00 PM – 7:00 AM unmanned.

Year Established: 2005

Employees: 3 full time -

Franchise: Yes

Market Outlook and Competition: Currently, owner is adding diesel since there is no diesel available for 13 miles.

Management Training and Support: Two weeks training and transition.

Reason For Selling: Other business interests.