Branded Gas Station Queens County, NY 32149

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Asking Price:
$1,200,000

Gross Revenue:
$3,350,000
Cash Flow:
$340,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$80,000
not included in asking price

FF&E:
$90,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This branded gas station, with a 5000 sq. ft. convenience store, with no other gas station in the vicinity, is located in a busy neighborhood in Queens. Rent is $10,500, with 28 5 years lease. The store has beer, lotto, EBT, ATM, cigarettes, self-serve car wash, coffee & breakfast: almost like a supermarket for the area. Store earns $110,000 to $120,000 in gross sale a month. Lotto makes $6,000 a month in commission. It pumps 70,000 gallons a month, with .35 cents profit margin on a gallons; also .10 cents difference between cash and credit at the pump. Two partners own it; they own many many businesses; are unable to run even being absentee. If one can afford to buy, buy this superb gas station.

About the Business

Location:
New York
Year Established:
1989
Number of Employees:
5
Website:
www.vestedbb.com/lid-32149
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About the Sale

Reason For Selling:
Personal
Training/Support:
Yes

Listing Info

ID:
1618811
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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