Gas Stations for Sale


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Gas Station and C-Store in Trenton, North Carolina
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Appointment Schedule

Property GroupCommercial
Property TypeGas Station
Restricted SubdivisionYES
Waste SystemSeptic
PriceUS$ 75,000
For Sale
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LocationNew Bern
Nearest CityTrenton
 
For further details contact
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone:   +1-518-392-7062
Fax:       +1-877-875-5704
http://www.worldrealtynews.com
Contact John  Wallace
Appointment Schedule
View all listings of John  Wallace

This Gas Sation and Convenience Store is located in a small shopping center that also contains a family-style restaurant, a "Subway" Franchise and a car wash. These other businesses bring business to this particular gas station and help make it the center of Trenton's retail activity. Adjoining car wash business is also available.

FINANCIAL INFORMATION

INCOME:

Average Monthly Gas Volume: 106,000 gals (2011)
Monthly Commission: $6,835.
Monthly C-Store Sales: $47.000 (x.30%) = $14,100 profit
Monthly Lottery Commission: $1,000.
Monthly Vender Rebates: $1,600.

TOTAL MONTHLY GROSS INCOME: $23,500+/-

TOTAL ANNUAL GROSS INCOME: $282,000+/-

EXPENSES:

Monthly Rent: $4,900
Monthly Utilities: $1,000.
Monthly Credit Card Expenses: $4,200.
Monthly Taxes and Insurance: $375.

Landscaping and lot maintenance paid by landlord
Gas pump maintenance paid by landlord

TOTAL MONTHLY EXPENSES: $10,475.+/-.

MONTHLY NET INCOME: $13,075+/-

ADDITIONAL FINANCIAL REQUIREMENTS:

$30,000.+/- for Convenience Store Inverntory
$30,000. Security Deposit for Gas in ground.

TOTAL COST TO PURCHASE THIS BUSINESS IS: $135,000.

CAP RATE ABOVE 100% ($156,900 / $75,000 = 200%+)

LONG TERM LEASE AVAILABLE (5+5)

COMPUTERIZED FINANCIAL RECORDS ARE AVAILABLE FOR REVIEW BY QUALIFIED BUYERS.

NOTE: Seller has requested that all buyers submit proof of their financial ability to purchase this gas station business before any appointments can be made. This is an absentee owner business and the owner is not at the station.

When requesting or submitting information about this listing, please include your full name, mailing address and telephone number. Thank you!

EMAIL FOR ADDITIONAL INFORMATION

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