Gulf Convenience Store & Subway
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $490200
Net Profit / Cash Flow $217872
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 - Does approximately 80,000 gallons of gasoline per month at 18 cpg. Station has two tier-pricing, 10 cpg more for credit cards. Station has 8 fueling positions for gasoline, a canopy, is self serve and has pay at the pumps. Convenience store does approximately $58,000 monthly at a 30% margin. Subways does approximately $30,000 monthly at a 50% margin. Lottery does approximately $60,000 per month at a 6% margin. ATM does approximately $1,500 per month net. Air/Vac combined does approximately $400 monthly net. Receives $500 per month net from a vender that rents a spot outside of the station. Receives $500 per month in parking. Receives $100 per month from the clothing bin. No oil school is required. Station open 24 hours per day, 7days per week. Great location on a busy street with easy curb access. Rent is approximately $12,639 per month with a standard 3 year lease with PMPA. Tanks are DWF. Approximate Annual Cash flow: $217,872.
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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