Listing Number: 9525-127815
Description
Profitable Gas Station + Convenient Store + Car Repair Shop.
Seller Discretionary Earnings: $280,000
Asking price is less than 1.5 times Seller Discretionary Earnings!
Great Visibility for Site Seeing Over 150,000 VPD
10 pumps and great up-side potential for an owner-operator. located in Virginia Beach, VA. This Location Comes With Multiple Revenue Streams, and a 3 Years only Fuel Contract (with no minimum) for a Value Add Opportunity.
- Prime Site
- With annual sales of $2,550,000
- Average Outside Sales Gas per month: 50,000 gallons/$155,000
- Average Inside Merchandise Sales /month : $40,000
- ABC License (Wine and Beer)
- Average Repairs/month : $24,000
- U-Haul average commission per year : $17,500
- 2 new machines (bought in October 2022) game : $2,400 a month
- 1 ATM machine : $300 a month
- Quarter machine : $200 a month
- Bitcoin machine : $500 a month
- Red box clothing and shoes : $100 a month
- Lease/month : $10,000 - Ground Tank maintenance is done by landlord
*Possibility to purchase the property in the next few years* First right of refusal to the buyer of this business
For more information, please contact Charles Daucourt @ cdaucourt@tworld.com or tel: (757) 231 6557
Listing Details
- Price: $399,000
- Down Payment: $399,000
- Sellers Discretionary Earnings: $284,000
- Total Sales: $2,550,000
- Location: Virginia Beach City, Virginia
- Inventory: $0
- FF&E: $50,000
- Employees: 9
- Year Established: 2008
- Reason for Selling: retirement
- Category: Gas Station
