76 Gas Station

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Seller:Armin Soleimani

Location:Ontario

Listing Num:947819046

Industry:Auto & Mech: Services & Gas Stations

Asking Price:$1,850,000

Year Est.:1978

Employees:5

Yearly Revenue:Not Disclosed

Yearly Cash Flow:$276,000

Yearly EBITDA:Not Disclosed

Yearly Net Profit:Not Disclosed

Yearly Gross Income:Not Disclosed

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

partnership dispute

Overview of the Business:

Seller extremely motivated! $23,000 per month Net profit. Absentee Owner! 76 Gas Station with real estate and food mart. Prime Ontario location in close proximity to the 10 FWY. High visibility from the FWY and surrounding Streets. The gas station pumps $120,000 Gallon per month at a pool margin between 23 cent and 25 cent, and the food mart gross $25,000 per month at 38% profit margin. After the recent renovation of the site, Starbucks has approach the owner to build a store for them on the lot which they will rent for $6,000 per month. There is a room to increase sales and income of this gas station by adding additional inventory and applying for Lotto and beer & wine license. (Strictly Confidential: Seller will refuse to sell to buyer who talks to employees).

76 Gas Station

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Reason for Selling:

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