Unbranded Gas Station w/Property #1047P

Financial & Assets Details

About the Business

Business Description

Property..Unbranded station pumping 195,000 gallons with Convenience store for Sale. Unbranded station located on a major Route with no competition and being sold with property. This location has a 1,000 square feet convenience store that is not being used to it's full potential and is currently bringing in $900 net to owner and only selling cigarettes, Oil etc. The gas station has full canopy with 4 new MPD's that are currently pumping an average of 195,000 gallons a month at 18 cents per Gallon. The gas station has old Tanks that will have to be replaced with in 4 to 5 years. There is a spill number attached to the property which is no where near the tanks (30 feet away) it's small contamination next to the buliding. The environmental issues will be taken care of by the Seller (Written On Contract) who will make sure the property is delivered clean to new buyer. New buyer will also work under the sellers Tank insurance so there will be no issues with a very high premium from insurance company due to spill. There has been a reduction in the asking price from $1,750,000 to $1,250,000 with owner financing with $250,000 down for 10 years at 6 %. This property is being sold with a fuel contract in place at RACK + 1 for 10 years with a possible buy out in 5 years. The property has been reduced so new buyer could be able to change tanks and do all other upgrades. Here your chance to own a gas station on a Major Route with property for just $250,000 down and We can close with in 2 weeks.