Longstanding Gas Station and Convenience Store
This property has been a staple in the local area for over 30 years, offering steady customer traffic and a solid reputation for friendly service and reliability. There's a consistent revenue generation from both fuel and store sales. The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details. Financial Information Asking price of the Business is $1,000,000 plus inventory, real estate included. Annual Revenue and Seller's Discretionary Earnings: 2023 Revenue: $5,035,000 SDE: $185,000 2022 Revenue: $4,520,000 SDE: $210,000 2021 Revenue: $3,780,000 SDE: $200,000 * Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. Operations The property is a Gas Station with a Convenience Store strategically located in the middle of the town. For more information on this listing, please complete our Non-Disclosure Agreement
Represented By Broker?
Yes
Financials
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