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7270 - Gas / Convenience / Deli

Delaware (Sussex County)

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $425,000 Inventory $50,000** 
Gross Income $3,495,000 Real Estate  
Cash Flow $160,000 Year Established 1988
FF&E N/A Employees 7

* included in the asking price

** not included in the asking price

Sussex County, DE. This is a very well-known franchised Gas Station. It's huge - 12 pumping stations, two separate diesel pumps with easy access to big trucks. They also have one pump to sell Soy Bio-Diesel. The big, 7-11 style Convenience Store in the middle with access on both sides to the gas pumps. The business is run totally by employees (absentee owner). Seller rarely goes to the station. Deli business is doing well (approximately $2,500 per week), but could do much better with an aggressive owner/operator. The buyer will need $15,000 as working capital in additIon to all the other required money. The transfer fee will be paid by buyer. Pumps 90,000 gallons per month with a pool margin of approximately 15 cents per gallon. Convenience Store has approximate sales volume of $60,000 per month with a 37% gross profit margin. Good potential!! Better Buy!! Great Opportunity!!!

Financing: $50,000 2nd mortgage for a qualified buyer

Support/Training: 2 weeks

Reason Selling: Other business interests

AD # 384305

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