Branded Gas Station in Queens County - 32149 Business Type: convenience store,gasoline service station
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,200,000 | Down Payment | $1,200,000 |
| Gross Revenues | $3,350,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $340,000 | Number of FT Employees | Register Free to View |
Financing
$1,200,000 Down and
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.
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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.
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