Annual Revenue: $2,930,708
Minimum Equity Required: $960,000
Industry: Gas Convenience Car Wash
Listing ID: 1237
Listing Status: New
Excellent visibility to traffic travelling along the highway, and excellent accessibility given its location and its large lot size with 275 feet of road frontage (running parallel to the highway, right at the service road exit/entrance).
Four newer style double/quad gas pumps with choice of 3 types of gas.
Two double diesel pumps
All pumps are located under a canopy and all have easy access card readers.
Five gas pumps without card readers, offering marked and unmarked gas and diesel. These are located in a separate area which provides easy access to trucks pulling tandem axle trailers.
The gas station also has a propane dispenser.
One outdoor drive through self-car wash.
A large, nicely finished convenience store.
Coffee Bar and table seating area.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.
** 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.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
3,716 Square Feet Inclusive of Touchless Car Wash Bay
Approximately 2.69 Acres