Business Summary
Lease Term: 17 Years, plus a 5 year option
Rent: $12,000
Sunoco / Small Convenience Store with a 2 Bay Repair Shop - Great opportunity to increase sales by converting the 2 bay repair shop to a new full blown C-Store. Monthly gasoline and diesel volume of approximately 85,000 gallons at 30 cents per gallon after taxes. This station has 4 MPD's (8 fueling positions for gasoline), a canopy, all self-serve, pay at the pumps, and is located on a very busy road. C-Store does approximately $20,000 per month at 30% but is projected to do approximately $70,000 to $90,000 per month once the repair shop is converted to a full blown c-store. Lottery does approximately $10,000 per month. No oil school required. Rent is $12,000 per month which includes all taxes with annual increases of 2%. Very long term lease, 17 years with a 5 year option. Two month rent deposit plus a $10,000 Sunoco fuel deposit are required. Easy in and out. Looking for strong experience operator with c-store experience. Station has 3-8,000 gallon DWF tanks, and pumps were replaced in 2011. Station is opened from 6am to 11pm.
Other Information:
Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer.
Disclaimer:
All information has been provided by the seller and needs to be re-verified by the seller. Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.
Listing Brokers:
Bill Blau
Cell: (917) 885-9495
Fax: (516) 470-1382
Email:
[email protected]
Interested in this Business:
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Property Details