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Convenience Store and Gas Station

VT

Convenience Store and Gas Station
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $3,400,000

EBITDA: $88,000

FF&E: N/A

Inventory: N/A

Established: N/A

Convenience Store and Gas Station

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Business Description

The Company operates as a local convenience store, and sells deli goods, meat, wine, beer, coffee, groceries, and other goods. It also has three fuel dispensers and retails gasoline as well as diesel. Overall, the Company operates through two internal profit centers: fuel (44% of 2017 revenue) and other product (56%) sales.

Approximately 40% of revenue comes from local residents, another 40% from commuters, and 20% from tourists. The regional customer base is a strong asset that contributes to stability, and presents opportunities for revenue growth.

The Company employs approximately 12 personnel during summer, and in winter. The facility is strategically located on a major highway intersection, comprises approximately 6,500 square feet, and is utilized for convenience store, office, and storage purposes; the Company also has three underground fuel storage tanks (4,000- diesel, 10,000- unleaded, and 8,000-gallon premium).

Detailed Information

Competition:
* Strong Customer Relationships: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. * High Customer Retention Rate: Due to the Company’s reputation, long-term presence in the industry, and strategic location, the Company’s recurring account retention rate exceeds 85%. * Traffic Count: The Company’s intersection has an average daily vehicle count of 9,800 units.
Financing:
Negotiable
Support & Training:
The active shareholders are willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership. In addition, a manager is in place that can oversee the day-to-day operations.
Reason for Selling:
Pursue other interests
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Ahmad Behjati

Business Listed By:
Ahmad Behjati

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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