27 years in business owner retiring

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Background

BizEx ID:BizEx846-AW
General Location:Oxnard, CA
Category: Convenience Stores
Gasoline Service Stations
Years in Business:40
Under Present Owner:27
Hours of Operation:24 7 days a week
Owner Hours:as needed
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:20 yr.
Lease Options:10
Building Size:1300
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$997,000
Down Payment:Negotiable
Gross Sales:$6,833,716
Discretionary Cash Flow:$252,000
FF&E:$13,325
Inventory Included?
Inventory:$85,328
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$12,000
Payroll:$11,492
Financing:Call

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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations