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This Business has been Sold!
Closing Date: 03/21/2019
Broker: Jay Goldman

Business for Sale Summary

Absentee-Run Branded Gas Station w/Large C-Store - 30080

Business Type: convenience store,other food stores,absentee business,gasoline service station
Sold
Absentee-Run Branded Gas Station w/Large C-Store
On March 21st 2019, The Undersigned
Acted as the Advisor to the Deal
Jay Goldman
Jay Goldman Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, New York County NY, Queens County NY, Westchester County NY, CT, NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $649,000 Down Payment $649,000
Gross Revenues $1,036,272 Lease Remaining Register Free to View
Owner’s Cash Flow $236,772 Number of FT Employees Register Free to View

Financing

$649,000 Down and Make your best all down offer!

Business Description

The price has just been raised for this Absentee-Run Branded Gas Station with a Huge Mart in the Bronx, which was established in 2004. The owner nets $273K per year and is only asking $649K. Strategically located near major thoroughfares, you'll find eight pumps under a large canopy. Plenty of potential exists for a new owner-operator. At present, the gas station pumps out 75K gallons per month, with a $.40/gallon mark-up. You can dramatically increase the gasoline volume and drive much more traffic to the mart by lowering that mark-up to one more in line with industry norms. Presently, the mart generates gross sales of $55K/month. Lotto, ATM, air, store rebates, and parking contribute approximately $11K per month in profits. The lease automatically renews every three years under PMPA guidelines. Inventory is not Included in the asking price. Open 24/7. Deals like this don't come along that often. Once you've obtained the address for listing 30080 at www.vestedbb.com, please be very discreet when visiting the location, as its employees and customers do not know it is for sale. Kindly then contact the listing broker Jay Goldman to speak with the owner to find out more. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.