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Gulf Convenience Store & Repair Shop
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $594560
Net Profit / Cash Flow $209160
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 Gulf Convenience Store & Repair Shop - Does approximately 114,000 gallons of gasoline per month at 13 cpg. Station has 8 fueling positions for gasoline, a canopy, is self-serve, and has pay at the pumps. Convenience store does $53,000 monthly at a 29% margin. Lottery does $22,000 monthly at a 6% margin. Repair shop does approximately $35,000 per month at a 65% margin. ATM does $700 per month net. Air/Vac combined does $500 monthly net. Air/Vac & ATM owned by seller. Plenty of room for parking. Rent w/real estate taxes is $13,500 per month. No oil school is required. Station has a standard 3-year lease with PMPA. Station open 24 hours per day, 7days per week. Gulf fuel deposit of $45,000 plus 1 month rent deposit is required. Station has (4) 6,000 gallon DWF tanks. Maintenance of pump and tanks are Gulf responsibility except hoses and nozzles. Great location on a busy street with easy curb access. Repair shop fully equip and all equipment included except mechanic personal tools. Station also has (2) 40 foot traliers for storage. At present station does not sell beer because of personal reasons, can increase store sales by adding beer. Station has a 2 tier-pricing system for gasoline, 10 cpg more for credit card sales. Approximate Annual Cash flow: $209,160.
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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