27 years in business owner retiring
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Background
| BizEx ID: | BizEx846-AW |
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| General Location: | Oxnard, CA |
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| Category: |
Convenience Stores
Gasoline Service Stations
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| Years in Business: | 40 |
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| Under Present Owner: | 27 |
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| Hours of Operation: | 24 7 days a week |
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| Owner Hours: | as needed |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 20 yr. |
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| Lease Options: | 10 |
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| Building Size: | 1300 |
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| Employees: | 6 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $997,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $6,833,716 |
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| Discretionary Cash Flow: | $252,000 |
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| FF&E: | $13,325 |
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| Inventory Included? | |
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| Inventory: | $85,328 |
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| Min. Operating Capital: | $100,000 |
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| Real Estate Available? | No |
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| Rent: | $12,000 |
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| Payroll: | $11,492 |
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| Financing: | Call |
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|
2014 | 2013 | 2012 |
| Gross Sales |
$ 8,417,786 | $ 9,260,937 | $ 9,835,024 |
| Gross Profit |
$ 528,229 | $ 458,390 | $ 443,807 |
| Disc. Earnings |
$ 260,644 | $ 203,453 | $ 217,679 |
