Unbranded gas station with property in Bucks county PA 7262

This is a combination gas station/convenience store and Garage which is being sold along with the property. Garage is rented for 1500/month.This gas station is located on a major road in Bucks County, PA. It is surrounded by other businesses and also a populated residential area. The gas station has three MPDs (Multiple Product Dispenser) for pumping 79,000 gallons/month on a pull margin of 16 cents per gallon. The business owner has been there for more than five years. The convenience store was remodeled last year and is doing about 17000 in gross sales per month with a 18% profit margin. The gas station has five tanks which have all been updated in 2013 to a double fiber wall. Five tanks each are 4000 gallons. Three tanks are connected for regular gas, one tank for super gas, and one tank for diesel. Cash flow noted is for owner/operator working 50 hrs. per week taking NO salary; before debt service.
 
Geography: State:Pennsylvania  County:
Asking Price: $550,000
Cash Flow: $93,000
Down Payment: $180,000
Franchise: -
Reason for Selling:
Re Inc.: Yes

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