Gas Station/Check Cashing with Real Estate was acquired by Buyer Group

Transaction Description

High volume check cashing business and gas station with real estate for sale. This business has a long established tenure in the neighborhood and capitalizes on many sources of income to generate over $380,000/yr in seller discretionary earnings, all while being staff operated with minimal owner hours. Business revenues include check cashing, western union, USPS, beer/wine, cigarettes, lotto, general retail inside sales, fuel sales, restaurant sublease/lease income, and more. Real estate also has additional street retail available to be rented for additional income. A lot of potential to improve and add other services, or just simply be a more hands-on operator (as current ownership operates the business semi-absentee). Opportunity for an investment buyer or owner operator.

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Summary