Major Price reduction. All Offers must be submitted by July 30. Branded gas station and C store. High margin 50,000 gallons per month. Across from major shopping mall in Southern New England and less than one minute from interstate highway.
$50,000 Seller financing for credit strong buyer. Note must be properly collateralized, two year loan, 6%. Triple net lease.
Quasi passive investment for owner who has multiple food related business holdings.
New walkin cooler investment of approximately $55,000
Cash price gas margins average $.15 per gallon
Credit card margins average $.21-$.30 per gallon.
Opportunities for growth include-
Expand operating hours to 24 hours
Existing fuel supply contract has five years left.
Income statement shows $64,123 pretax profit which potentially can be increased by $35,000 or more if owner operated (direct labor expense reduction).
Asking Price $149,000
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