Business For Sale Listing 151876
76 Gas Station and Subway Shop
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
If you like consistent success, you will want to take a look at this terrific, well established, consistent gas station located near a heavily trafficked highway near Olympia. The owner has recently leased a space to a drive thru coffee business. This has added to the traffic flow of the station and store. The lease rate for the drive thru is $500 per month with annual escalation adjustments. All equipment in great condition in this bright, well-branded station with the added attraction of the heavily recognized national franchise (Subway). Much of the business is in store sales and Subway sales providing higher and more stable margins than gasoline. Call listing agent for details. Seller is willing to lease the business with a purchase option to the right buyer. LISTING AGENT MUST BE PRESENT FOR ALL SHOWINGS!!
Facilities: Sitting on a shy acre of commercial property this gas station/convenience store is located just off a major highway with large commuter traffic as well as great tourist traffic in the summer. The building is approx. 2,600 square feet with remodel completed in 2005. All equipment in great shape. The store houses a very active Subway Sandwich Shop to further enhance the very consistent revenue stream.
Competition: As with most gas stations there is competition however this location enjoys very stable business support from the local community.
Growth and Expansion: An energetic entrepreneur can take this well established stable business and grow it to new levels of profit.
Support/Training: Seller is willing to provide training in the day to day operations of the business. In addition new owner will be provided training for the Subway franchise through the franchisee. The combined training will provide the new owner with a great "running start" to operating this business.
Reason Selling: Retirement.
Year Established: 1971
Employees: ft - 3, pt - 6
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (2,503,910) |
| Profits: |
Between $100 Thousand and $500 Thousand (232,684) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $1 Million and $2.5 Million (1,199,000) |
