BP Convenience Store
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $819550
Net Profit / Cash Flow $232032
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Description BP Convenience Store - Does approximately 150,000 gallons of gasoline per month at 9.5 cpg (This is a commission station). Station has one-tier pricing. This station has 8 fueling positions, station is all self serve, has a canopy, pay at the pumps & is located on a busy street with lot's of walk in traffic. C-store & Rebates does approximately $49,500 per month at a 32% margin (can increase store sale by adding beer). Lottery does approximately $130,000 per month at a 6% margin. ATM does approximately $1,200 per month net. Air/Vac/Car Wash does approximately $1,350 per month net. Parking does approximately $1,500 per month net. Station open 24/7. Great location! Won't last! BP oil school is required, held in Queens, NY, 5 day class. Station has a standard 4 year commission market lease. Rent is approximately $10,448 per month and is owned by BP. BP deposit of approximately $30,000 is required. Station has DWF tanks. Easy in and out. Station has plenty of parking. Station is being run absentee and this station has the potential to increase sales for an hands-on owner operator. Interior of store upgraded a few years ago. Approximate Annual Cash Flow: $232,032.
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 buyer. 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.
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