Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$325,000	Inventory	$48,000*
Gross Income	$1,000,000	Real Estate	$100,000*
Cash Flow	$150,000	Year Established	1987
FF&E	$60,000*	Employees	6

* included in the asking price

** not included in the asking price

Great business for sale

Located in a small town approximately 45 minutes east of Cincinnati, this business is expected to generate over $150,000 a year in net profit to an owner / operator. Profit for 6 months ending September 2009 was $78,000. The business has been successful for many years. Located in a dry county, the business does not currently sell beer or wine. However, November ballot was approved for this store (only) to obtain a license. This will add significant sales and additional profitability to the business. Sales are currently about 40% gas and 60% in-store products. The store offers full lottery. Clean, well stocked store The store was remodeled a few years ago, along with four new dispensers (pumps) and four tanks, so this business is turn-key, up-to-date and attractive. The station has Hamilton ACT 100 tanks (fiberglass coated steel): 6,000 gal (gas) 4,000 gal (gas) 4,000 gal (diesel) 1,000 gal (kerosene) FINANCIAL: Next twelve month sales are expected to reach $1,065,000 with a profit (before owner compensation and depreciation) of $113,000. The business and real estate have an asking price of $275,000. Assets included, free and clear of debt, are: Inventory (cost) 48,210 F,F & E (cost) 67,687 Real Estate (cost) 77,626 Total $193,523

Facilities: 2200 sq.ft. c-store, 4 tanks, 4 pumps (new 2001), canopy on .4 acre.

Competition: One of three c-stores/gas in town.

Growth/Expansion: Just approved (Nov 2009) to sell beer and wine in this dry county. Only one of a few stores that have this license in this county. Sales and profit do not include what this will contribute.

Support/Training: As needed

Reason Selling: Retirement