This well-known fuel retail, distribution & car wash company is located in Eastern Pennsylvania. The business enjoys documented, consistent profitability and multiple, well positioned locations. Several revenue streams are in place to maintain steady cash flows. This business currently operates from multiple locations. Real Estate is included in the asking price.
The company enjoys a competitive advantage by purchasing fuel direct from terminal racks nearby, as well as, retailing fuel and car washes that hook customers to the pump. The company then maintains steady revenues through distribution of fuel to other stations and convenient store revenues.
It is projected that a new owner will obtain additional growth by adding modern roadside LED signage (investment of $80k) and marketing. The signage will allow for deals and better communication of car wash asset.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 5.1% cap rate. A full valuation report by a national valuation firm is included in the prospectus. There is $400k in debt to be assumed and the deal includes $650k in current A/R and $225k in inventory. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $325k benefit in after-acquisition-debt cash flow.
A comfortable six months transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Asking Price $8,530,000
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