Gas Station With Convenience And 3 Bay Repair Shop
Not Disclosed, NY Queens County
Queens NYC
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- RE: Gas Station With Convenience And 3 Bay Repair Shop
- Contact: Ziggy Marszalek
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $480,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $198,624 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 2 | |
| BBN Listing #: | 980077 | |
| Broker Reference #: | 22671 |
Business Overview:
Long-Established Commisioned Based Gas Station with Convenience Store and Repair Shop for Sale: This well-established gas station has been serving the community for many years, featuring a convenience store and a three-bay repair shop on a spacious property. The business has built a strong reputation for reliability and customer service, making it a cornerstone in the area.
Strong Sales and Profitability: The gas station consistently achieves high fuel sales volume, complemented by a profitable convenience store with substantial gross margins. The business demonstrates solid financial performance, reflecting its established customer base and efficient operations.
Multiple Income Streams: In addition to fuel and retail sales, the property includes three repair bays currently rented out, generating steady rental income. Additional revenue is derived from services such as parking, air and vacuum machines, and an on-site ATM, diversifying the income portfolio.
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Property Features and Assets:
28,000 Square Feet Freestanding Building.
Monthly Rent: $12,000
Business Highlights:
- Fuel Sales: Averaging 100,000 gallons per month.
- Convenience Store: Generating approximately $45,000 in monthly sales with a robust 40% gross profit margin.
- Repair Shop Bays: Three bays currently rented out, providing steady rental income of $8,500 per month.
- Additional Revenue Streams: Income from parking services, air and vacuum machines, and an on-site ATM enhances overall profitability.
Market Competition and Expansion:
Currently operating under absentee ownership, this business presents a significant opportunity for an owner-operator to take the helm. With the current owner seeking a quick sale due to health issues, a hands-on operator could further enhance profitability and operational efficiency.
Reason for Selling:
Absentee owner.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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