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Sunoco Convenience Store
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $509000
Net Profit / Cash Flow $198600
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 Sunoco C-Store: Does approximately 80,000 gallons per month, (this is a commission station, 10 cpg for the first 50,000 gallons and 2 cpg for all gallons following). This station has 8 fueling positions, all self serve, pay at the pumps, has a canopy & is located on a busy street. C-store and rebates does approximately $110,000 p/m at a 27% margin. Lottery does approximately $58,000 p/m at a 6% margin. ATM does approximately $1,700 p/m net. Air/Vac does approximately $100 p/m net. All maintenance of pumps & tanks are Drake Petroleum's responsibility, excluding hoses & nozzles. Gas & rent deposits of $23,000 are required. Transer fee of approximately $10,000 is required. Due to religious purposes, the current owner chooses not to sell beer, store sales were approximately $20,000 p/m higher with the previous owner due to beer sales, so adding beer should greatly increase store sales. Station open 24/7. Great location! Won't last! No oil school required. Station has a 5 yr lease & rent is approximately $8,000 p/m. Station has DWF tanks. Easy in and out & plenty of parking. Approximate annual cash flow: $198,600.
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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