Modern Branded Gas Station in Bronx Co, NY - #3256 - 32563 Business Type: owner financing available,gasoline service station
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $169,000 | Down Payment | $120,000 |
| Gross Revenues | $216,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $96,000 | Number of FT Employees | Register Free to View |
Financing
$120,000 Down and 49K @ 6% over 36 months
Business Description
This 24 hour branded gas station is located on a busy route in Bronx County, NY. Within a month touch screen pumps will be installed. Gas commissions are $11,000 month. Rent is $2,643. Landlord will negotiate a long term lease if you would like. A buyer will have the option to open a car wash on the property as well. It has a convenience store with weekly sales of $1,800. No Beer, no cigarettes. Lottery commissions are over $1,200 a month. Extra income (over $1,000 a month) from Ice machine, ATM, Air Machine, and overnight parking. Seller wants to sell because of other businesses and family reasons. Seller is willing to finance. Long lease and an opportunity to convert into an unbranded one, and is at at a great location. Seller's net cash flow, after paying all the expenses, is $8,000 a month. This business is currently semi-absentee. Owner works a few hours a day. First-time buyers welcome. Buyer must have enough to cover down payment, $5,500 rent security deposit and $30,000 fuel deposit.
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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.
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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