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Great Gas Station w/Store + Property [72632]

New Castle, Delaware

Asking Price: Gross: Cash Flow:
$2,199,000 $2,860,000 $300,000

Inventory Value:
$60,000 ( not included in the asking price)

Business Summary:
This is a fantastic Branded Gas Station & Convenience Store with property on a Major Local highway (#40) in New Castle County, DE. The property has a 2,400 sq. ft. Convenience store next to a major Franchise Store. Owner has installed brand new double fiber wall glass and three new tanks (10,000 K , 8,000 K, 5,000 K ) one year ago. The gas station has 7 MPDs which pump approx. 63,500 gallons per month with a pool margin of 15 cents per gallon. Also includes 2 MPDs which pump 6,500 gallons of diesel per month with a pool margin of approximately 20 cents per gallon. In addition to these, 1 MPD pumps 4,500 gallons of off road diesel per month with a pool margin of approximately 50 cents per gallon. Convenience store is making approx. 60,000 per month with 32% profit. New owner / operator can add U Haul, Check Cashing, Bill Payment and Fry Chicken or Sandwich to get more business. Cash flow is for owner/operator working 50 hours a week with no salary and before any debt service

 
   
   
Year Business was Established: 20
   
Number of Employees: 1FT/2PT  
   
Owner willing to train: 2 Weeks Training  
   
Reason for selling: Retirement  
 

 

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