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Business for Sale Summary

Absentee-Run Branded Gas Station w/Large Mart - 30079

Business Type: convenience store,misc. retail/non-classifiable,other food stores,absentee business,best deals!,new to market,gasoline service station
Absentee-Run Branded Gas Station w/Large Mart
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This business has received 218 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $799,000 Down Payment $799,000
Gross Revenues $1,492,740 Lease Remaining Register Free to View
Owner’s Cash Flow $341,688 Number of FT Employees Register Free to View

Financing

$799,000 Down and Make your best all down offer!

Business Description

The price was just raised for this extremely well-located branded gas station with a spacious mart that puts $340K or more into the absentee-owner's pockets every year. And yet, plenty of upside remains for you. Presently, this gas station pumps out 80K gallons per month, with a $.30/gallon mark-up. You can dramatically increase that volume by lowering the mark-up to one more in line with industry norms. The surge in motorist traffic that will generate will drive so much more business into the food mart, which already generates gross sales of $87K/month. Lotto, ATM, air, and store rebates bring in approximately $13K/month in profits, themselves. The lease automatically renews every three years under PMPA guidelines. Established in 1995, this station has a large canopy that shelters eight pumps, and is strategically-located between two highways near the Bronx Zoo. Open 24/7. Inventory is not included in the asking price. Deals like this don't come along that often. The seller will only entertain initial offers at or above $700K. Once you've obtained the address for listing 30079 at www.vestedbb.com, please be very discreet when visiting the business, as its employees and customers do not know it's for sale. Kindly then contact listing broker, Jay Goldman, for an appointment 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.