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ABSENTEE Branded Queens Gas Station with Kiosk at Busy Intersection
New york (Queens)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11915
Business Type:
Established Businesses
Business Category:
Gasoline Service Station
State:
New york
County:
Queens

Other Information

Financial Information

Asking Price:
$165,000
Gross Income:
$108,000
Cash Flow:
$78,000
Seller Financing:
 

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Business Description

Branded gas station with kiosk on major Queens intersection near all.  Absentee location with a fuel commission agreement in place paying station owner 12¢ to 16¢ per gallon net.  The difference in commission depends on gasoline volume; the more gas sold, the higher the commission paid.  But no less then 12¢ per gallon.  Currently pumping 120k gallons a month, but before pandemic this station was pumping 165k gallons a month on average.  There is brand new signage on canpoy and recently updated property with new pumps.  There are a total of 6 MPDs (10 fueling stations in total) all with state of the art pay at the pump equipment.  The kiosk currently does $9,000 a month, but before the pandemic, the sales where $15,000 a month.  The Lottery sales are currently $9,000 a month, and before the pandemic they were also $15,000 a month.  Seller has all books and records to prove all the numbers.  The additional income at this station is tremendous!  The Air and Vac bring in $850 a month.  The coin operated coin car wash brings in $3000 a month on avg, and close to $40,000 a year.  There is a parking rental collected of $450 a month.  Plus the ATM brings in around $250 a month.

The location is at one of the busiest intersection in Queens.  Very close to highway, schools, university, houses, apartments, and tons of foot traffic.  Rent security deposit of $30,000 required by Landlord.

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11915

Business Listed By

Bob Patel

Email this List   5163421648
Email this List   917-642-6400
Email this List   bob@eastcoastbusinessbrokers.com
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