Gulf Convenience Store Businesses For Sale in New York,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Gulf Convenience Store

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $742300
Net Profit / Cash Flow  $220800
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Description  Gulf Convenience Store - Does approximately 150,000 gallons of gasoline per month at 20 cents per gallon (average between cash and credit cards). Station has two-tier pricing, 10 cpg more for credit cards. This station has 6 fueling positions, station is all self serve, has 2 canopies, has pay at the pumps & is located on a busy street. C-store does approximately $55,000 per month at a 29% margin. Lottery does approximately $50,000 per month at a 6% margin. ATM does approximately $900 per month net. Air/Vac does approximately $400 per month net. Station open 24/7 as of 1 month ago. Great location! Won't last! Station has been approved for Nathans. No oil school required. Station has a 18 year lease and rent is approximately $11,000 per month. A rent deposit of 3 months is required and no fuel deposit is required. Station has 2 - 10,000 DWF tanks installed in 2000. Gasoline is purchased from Kardesh Petroleum at rack plus 1 «. There are 2 employee's per shift at all times. ATM is owned by the seller. This station has very low credit card fees. Approximate annual cash flow: $220,800. 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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