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#Business ID: 19330

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Updated! - Convenience Store

Business Location: Kings, New York, United States

Asking Price: $ 799,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Rent: $13

BP Commission Market Station Convenience Store - BP's new commission program! Monthly gas & diesel volume of approximately 205,000 gallons at 11.11 cpg net. This station is a BP commission agent station, all credit card fees & gas taxes are paid by BP, you get 11.11 cpg net. Station has 12 fueling positions for gasoline & 2 fueling position for diesel, is all self service, has 2 canopy, and pay at the pump dispensers. Located on a very busy intersection. Store sales are approximately $45,000 a month at 28% gross profit. Lottery sales are approximately $130,000 a month at 6% commission. ATM does approximately $1,170 per month net. Air/Vac does approximately $1,200 per month net. Self serve car wash does approximately $2,500 per month net. Western Union does approximately $4,000 per month net. Between rebates and 2 clothing bins station receives approximately $400 per month net. Open 24/7. BP oil school is required, 1 week in NY. BP deposit of $30,000 is required. BP owns the property. Standard 5 year renewable BP lease is offered. Station rent is $13,300 which include all real estate taxes. Easy in and out and plenty of parking. This station is being ran absentee and sales could be improved by having an owner operator. Pumps were replaced 2 years ago. Same price cash or credit. Lowest diesel price in area. This is BP's new commission program. Approximate annual cash flow - $239,406.

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

Property Type:

Lease

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