Listing Number: 12451-374034
Key Investment Considerations:
• True Semi-Owner Absentee operation with owner involvement of few hours per week.
• Nationally recognized branded gas station.
• Pumps including Premium, Mid, Regular & Diesel
• Commission Agent lease with the oil company - 4.5 cents per gallon and the oil company is responsible for all taxes, credit card fees, and liability associated with fuel sales
• Current owner instituted a tobacco inventory system that streamlines orders and eliminates over ordering.
• Manager does all other orderings.
• An owner/operator would add $30k per year to the Seller Discretionary Earning
• Great books and records available for due diligence period
• Reason for Sale: to purchase a substantial share of a company in owner’s current career field.
• Great location off the main road in Williamsburg with median household income of $150K per year.
This Williamsburg Branded Gas Station and Convenience Store owner put this business in the market because he wants to purchase substantial share of a company in his current career field, hence this great opportunity for acquisition. Owner involvement is only a few hours per week. His responsibly is to decide budgets and business development. Owner handles tobacco product ordering and manager does the rest. An owner/operator would add $30K per year to the SDE. American owned business entity with good books and records for due diligence. In addition to accounting paperwork, owner also instituted a tobacco inventory system that streamlines orders and eliminates over ordering.
With its close proximity to all the local tourist attractions in Williamsburg, the business level will increase dramatically when tourist season starts. It is such a great opportunity for any well-heeled investors/business owners to acquire this business and take it to the next level.
- Price: $275,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $120,000
- Total Sales: $1,200,000
- Location: York County, Virginia
- Inventory: $50,000
- FF&E: $30,000
- Employees: 5
- Reason for Selling: OTHER BUSINESS INTEREST
- Category: Gas Station