Business Summary

Lease Term: 3 Years w/PMPA

Rent: $23,000

Gulf Express / Convenience Store / Car Wash - Does approximately 125,000 gallons per month of gasoline and E-85 at about 19 cpg weighted average margin between regular, plus, super, E-86, cash and credit. Station has two-tier pricing, 14 cpg more for credit cards. Can greatly increase the gasoline volume by working on a smaller margin, station has done over 200,000 gallons working on smaller margins. This station has 12 fueling positions for gasoline, 2 fueling positions for E-85, has a canopy, is all self-serve, has pay at the pumps, and is located on a very busy roadway. C-Store does approximately $110,000 per month at a 25% margin. Lottery does approximately $100,000 per month at a 6% margin. Car Wash does $40,000 per month, and has an average of 67,000 cars per year ($7.90), station has its own well. ATM does approximately $1,900 per month net. Air/Vac does approximately $2,100 per month net (7 vacuums owned by seller). Station is opened 24/7. No oil school is required. Rent is approximately $23,000 per month. Station has a standard 3 year PMPA lease & property is owned by Gulf. Gulf deposit of approximately $67,000 is required. All maintenance of tank and pump are Gulf's responsibility except for hoses & nozzles. Tanks are DWF. Property sixe is 1.25 acres. Approximate annual cash flow: $464.400.

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