Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$399,000	Inventory	est. 60,000**
Gross Income	$4,450,000 approx	Real Estate	$2,750,000**
Cash Flow	$93,000	Year Established	1997
FF&E	approx. $50,000*	Employees	2/shift (18 hr)

* included in the asking price

** not included in the asking price

Originally established pre-1970's, this Chevron station has evolved from a landmark quality gas and auto service business, to a modern day Chevron Marketplace convenience store facility, complete with all the latest upgrades. Uniquely located on a hi-traffic throughfare signalized intersection, close to a major freeway interchange, with a commuting and errand-oriented customer base traveling to 2 adjacent major blvds., the station has enjoyed uninterupted high gasoline pool margins and C-store mark-ups unique to the Portland Metro Area. Residential income levels within a 5-mile radius are well above average, contributing to the station's reputation for quality service, without the strong competitive compromises typical of the industry. This opportunity is ideal for the investor or owner/operator interested in owning a prime piece of real property & profitable business enterprise.

Facilities: Approx. 2400 sf. building on approx. 12,200 sf. lot. All FF&E including leased Chevron computers. 2 islands w/4 MPD's. Just completed Chevron update package. Chevron Marketplace concept C-store new 1997 including double-wall fiberglass tanks/monitoring systems w/estimated 50 yr. lifespan.

Competition: Unique long-standing history (30+ yrs.) of high gasoline profit margins (throughout all economic ups & downs). Currently 90,000, hi of 120,000 gal/mo. @ 28-35 cents/gal. C-store @ $46,000/mo. @ 34% G.P. Continued lack of competition within a 1-2 mile radius. New competition virtually impossible due to strong built-up area and combined with strict land-use regulations and traffic arterial/freeway access factors. Enjoys hi-economic level clientel living within a 5-mile radius. Business operated with 2 total employess/shift.

Growth/Expansion: The location is maximized as far as space utilization. The business has been virtually absentee owned, suggesting an owner/operator opportunity for continual growth incentives to impliment up-graded merchandise selections and profit margin for the C-store and gasoline. The higher-economic-level customers are very receptive to special services, with tip opportunities for the gas pumper and suggestive-selling opportunities are abundant. Opportunity for small fleet gas contracts from surrounding businesses

Financing: Cash out at closing

Support/Training: Two-weeks of all-shifts traiining, including 1 month of consultation. Note: Chevron training school may be required.

Reason Selling: Business: Other business interests. Real Property: retirement