Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$1,200,000	Inventory
Gross Income	$2,480,000	Real Estate
Cash Flow	$87,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This Chevron is a relatively new convenience store/gas facility located in a semi-industrial area of Seattle. Situated on a busy arterial feeding south Seattle neighborhoods and adjacent to state Highway 509, the store benefits from steady business from both local workers and passers by. Sales in 2007 occurred while the station pumped unbranded gas and the store operated without a liquor license yet in spite of these major drawbacks, sales were impressive. Currently the store has a beer/wine liquor license, store sales are increasing, and the gas facility is in the process of being branded Chevron. The Chevron re-imaging is a $130k expense absorbed by Chevron and the seller so the property can be converted to buyer as turn key operating Chevron. Feasibility studies commissioned by Chevron and the buyer in 2007 show projected fuel sales at the site of 160,000 gallons per month. This station is currently operated by absentee out of state owners who are motivated to sell.