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Asking Price$540,000
Revenue$5,089,000 Established1994
Cash Flow$162,650 Employees2 full, 1 part
FF&E$40,000 FranchiseNo
Inventory$35,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This branded gas station is located on one of the busiest roads in Queens. It is at the intersections of two busy roads. It also has a nicely built convenience store, which is equipped with lotto, cigarettes, coffee & breakfast, etc. It has no beer, but a new buyer can add it to boost the revenues. It also has a repair shop, which on a contract basis, runs by a mechanic, who pays $12,000 a month to the seller. It pumps over 110,000 gallons a month; the store makes $75,000 a month in gross sales. There are three partners, but now they are not getting along well, so they want to sell it. The seller's net cash flow, after paying all the expenses, is over $13,000 a month. It is an absentee owner business. The business is at a great location; an excellent opportunity for one family and its members.
Training/Support:Seller willing to train
Seller Financing:$540,000.00 Down and TBD
Sale Reason:Personal
Ad #65629
Seller Reference #25855
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