Business Summary

Asking Price: $350,000
Gross Income: $420,000
Cash Flow: $220,000
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: N/A
Employees: N/A

Business Description

Gas/ diesel - 80,000/ month at 0.25 (between gas and diesel, cash price and credit card price which is 0.12-0.16 cents per gallon more) = 20000$ Store - 42K at 29% = $12000 Lotto - $2000 commission Rebates and display allowances - $1000 ATM+AIR+VAC =$500 Total monthly income = apr. $35500 Rent+RE tax - $5600 Payroll +payroll taxes - $8000 (open 6am to 10 pm, 2 per shift, 32 hours daily at 8$ per hour) Lipa+phone/ internet+alarm - $1000 Garbage removal - $100 Credit card fee - $1800 Insurance - $150 ($1600 a year/ 12 month) Banking/ accounting - $100 Repairs/ upgrades/ supplies etc. - $150 Miscellaneous - $100 Total monthly expenses = apr. $17000 Approximately $18500 monthly cash flow (absentee)..Which makes it about 220K a year. No fuel contract new ownwer can shop the market for the cheapest gas.This is one of the last true non branded station on the island.

Detailed Information

Facilities: Non branded station pumping over 100,000 gallons a month C-store $42,000 a month, lotto $12,000. This location has a canopy with 4 pumps with full service. Cash flow $220,000. Lease 9yrs rent $5,500.

Financing: Owner willing to hold $50,000 NOTE

Support & Training: 2-4 weeks

Reason for Selling: Other Interests

Property Details