Business Summary
Lease Term: 12 Years
Rent: $21,700
Business Summary:
Beautiful looking gas station and convenience store. Does approximately 175,000 gallons of gasoline and diesel per month at 8 cents per gallon commission net (No credit card fees and no sales tax, all paid by distributor, 8 cents per gallon net). This station has 6 MPD's (12 fueling positions), station is all self serve, has a canopy, has pay at the pumps & is located on a busy street. C-store does approximately $149,350 per month at a 31% margin. Lottery does approximately $29,000 per month at a 6% margin. ATM does approximately $2,000 per month net. Air/Vac does approximately $600 per month net. Rebates and other receives $1,500 per month net. Station open 24/7. Great location! Won't last! No oil school required. Station has a 12 year lease. Rent is approximately $21,700 per month. A rent deposit of 2 months is required and a fuel deposit of $30,000 is also required. Approximate annual cash flow: $347,862.
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