Turn-Key Branded Gas Station with C-Store and Auto Repair
Cash Flow: | $249,000 |
EBITDA: | $189,000 |
Gross Revenue: | $25,500,000 |
For nearly 50 years, the Company has served as a distinguished branded service station, priding itself on delivering top-tier products and services to its diverse clientele with a steadfast commitment to excellence and customer satisfaction. In addition to fuel (63% of 2023 sales), the Company operates a convenience store (10%) and auto repair shop (9%). Additional revenue sources include lottery sales, U-Haul rentals, and propane sales. Most customers are located within a 50-mile radius and the Company estimates an approximately 80% rate of repeat business. The Company is currently tracking to sell through 460,000 gallons in 2024, compared to 440,000 in 2023.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company enjoys a long-standing reputation for the quality of its gasoline products and services, expertise, dependability, and superior customer experience. The Company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principles, values, and ethics. As a result, the majority of the Company’s business is from repeat business.
• Diversified Customer Base: The Company has developed an excellent reputation within its local area for supplying high quality and high value gasoline products. Over the historical period, the Company experienced no significant customer concentration. A diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
• Management Will Remain through Transition: The active principal is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis.