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BP Convenience Store & Repair Shop
Location: United States -> New York -> Nassau County
Industry: Auto Related > Gas Station

Business Summary

BP Convenience Store & Repair Shop - Does approximately 81,000 gallons of gasoline per month, 73,000 gpm of self serve at 16 cpg and 8,000 gpm of full serve at 50 cpg. Station has 8 fueling positions, a canopy, is self and full serve, and has pay at the pumps. Convenience store does $53,000 monthly at a 30% margin. Lottery does $60,000 monthly at a 6% margin. ATM does $575 per month net. Air/Vac combined does $1,000 monthly net (50/50 split with vender, can double income by owning your own air & vacuum machines). Parking does approximately $1,000 per month net. Receives in rebates and display allowances approximately $300 per month net. Rent w/real estate taxes is $10,600 per month. BP oil school is required. Station has a standard 3-year lease with PMPA. Station open 24 hours per day, 7days per week. BP fuel deposit of $40,000 is required. This is a BP direct station. Maintenance of pumps and tanks are BP responsibility except hoses and nozzles. Station also has a repair shop that is being rented out for approximately $5,000 per month net, the same tenant has been there for the last 9 years, he's on a month-to-month lease but would like to stay, he has built up a great repair shop business. Cash flow: $213,660 per year.

Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer. Disclaimer: All information has been provided by the seller and needs to be re-verified by the buyer. Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.


Asking Price Range:  $250K - $500K
Gross Revenues:   $445,495
Cash Flow:   $213,660
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale


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BP Convenience Store & Repair Shop Photo 1 BP Convenience Store & Repair Shop Photo 2

Print Listing Id: 700182756
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