Business Summary

Listing Details

Gross Revenue: $ 5,500,000

Cash Flow: $ 500,000

FFE: $ 250,000 (Included in Price)

Real Estate: $ 2,700,000

Inventory: $ 30,000 (Included in Price)

Reason for Sale:

Seller is retiring.

Operations

Year Established: 1950

Employees: 6 Full Time

Absentee Owner: No

Location

Lease Expire: 0000-00-00

Monthly Rent: $ 20,000

Square Footage: 5000

Facilities:

A 5,000sf building on a 15,000sf lot. Bldg. has full service mechanics shop and room to build out a convenience store. 3 newly refurbished pumps stations. Other revenue streams from ATM, Photo Inspections, Vending Machines, Hand Car Wash. Located in very nice area of the Bronx.

Summary

Business Description:

Non-branded gas station with full mechanics shop and space to add a convenience store. Net cash flow form gas is approximately $200-250k derived from 120,000 gallons volume/ month and $250-300k from the mechanics shop.

Property Details