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Unique Gas Station & C-Store, w/Real Estate Included

West Central Indiana, Indiana

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $1,500,000 Inventory  
Gross Income $2,373,910 Real Estate $1,400,000* 
Cash Flow $108,000 Year Established 1994
FF&E tbd* Employees 8 Part Time

* included in the asking price

** not included in the asking price

Unique, Marathon branded gas station/c-store with $1.4m inside sales! The store has plenty of seating to serve the large lunch crowds. The store sells a tremendous amount of hot food, including chicken and pizza. The seating is made up of both tables and booths. The business just acquired a beer/wine license. The gas tanks are fiberglass coated and have been well maintained. The asking price includes the real estate. The store was built in 1994 and is in excellent condition. For 2007, the business had gross revenues of $2,373,910, with inside sales of $116,000 per month and a cash flow of $108,000. Besides the current owners, there are 8 part-time employees. With exception of the current executive management, it is not anticipated that there will be any employee turnover resulting from the sale. The real estate is owned by the seller of the business. There are approximately 1.2 acres of land. The building is 4,750 square feet. The real estate has been appraised at $1.4m and is included in the asking price. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request. The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. The purchase price does not include inventory valued at the sellers cost, but includes the real estate. The Seller will consider financing a portion of the sale with a substantial downpayment.

Facilities: 4,750 sq. ft. building; 1.2 Acres Included in sale price

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: New Business Opportunity

Business listed by

Tom Witkowski

317-573-2100


Sunbelt Indiana Business Resource


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