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Gulf Express Convenience Store
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $807900
Net Profit / Cash Flow $357888
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 150,000 gallons per month, 90,000 gpm cash sales at 15 cpg and 60,000 gpm at 23 cpg. Station has two-tier pricing, 8 cpg more for credit cards. This station has 8 fueling positions, station is all self serve, has a canopy, has pay at the pumps & is located on a busy street. C-store & rebates does approximately $90,000 per month at a 33% margin. Lottery does approximately $100,000 per month at a 6% margin. ATM does approximately $1,000 per month net. Air/Vac does approximately $1,100 per month net. Parking does approximately $500 per month net. Carco does approximately $900 per month net. Station open 24 hours per day, 7 days per week. Great location! Won't last! No oil school required. Station has a standard 3 year lease with PMPA. Rent is approximately $15,129 per month. Gulf deposit of approximately $40,000 to $50,000 is required. Station has DWF tanks and new pumps. New pumps, topaz touch screens at the registers, Ruby Sapphire backroom software package, new shelves, ceiling and lighting inside. Station has new outside image package. Cash Flow: $357,888 per year.
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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