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Gas Station
Location: United States -> New York -> Kings County
Industry: Auto Related > Gas Station




Business Summary

This nationally-known branded gas station is located on one of the busiest roads, in Brooklyn. The adjoining road leads to a major highway, so the location stays busy, and vibrant. It pumps between 120,000 to 130,000 gallons a month. There are two different prices at the pumps, cash price and credit price, a difference of 10cents, between credit and cash. It has a huge convenience store; part of it has been rented out for $4500 a month. The store is equipped with lotto, beer, cigarettes, ATM, and many other merchandises.The rent for the gas station comes from the rental income, lotto, U-Haul, and automatic car wash. It is an owner absentee business; a new buyer, with his personal supervision and presence at the location, can improve the net cash flow, sizably more, comparing to the present owner, who barely visits the gas station. The seller's net cash flow, after paying all the expenses, is between $14,000 to $15,000 a month. The net income is verifiable, with the backing of the strong and well-prepared paper work. Owner's financing is available to a buyer, having a strong credit rating. No class is required by the oil company. A new buyer, who had never owned any gas station, must seriously consider buying this absentee owner business, which is highly profitable ,and which has a lot of room to grow, with his personal involvement


Financials

Asking Price Range:  < $250K
Gross Revenues:   $612,600
Cash Flow:   $170,328
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller Will train
Reason For Selling:  Personal

Photos

View Larger Photo(s) Of Business
Gas Station Photo 1 Gas Station Photo 2 Gas Station Photo 3




Print Listing Id: 700175610
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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