Business Overview:
This nationally-known branded gas station is located on one of the busiest roads, in Brooklyn. The adjoining road leads to a major highway, so the location stays busy and vibrant. It pumps between 130,000 to 140,000 gallons a month. It has a huge convenience store, part of it has been rented out for $4,500 a month. The store is equipped with lotto, beer, cigarettes, ATM, and many other merchandises. The rent for the gas station comes from the rental income, lotto, U-Haul and automatic car wash. It is an owner absentee business. A new buyer, with his personal supervision and presence at the location, can improve the net cash flow, sizable more, comparing to the present owner, who barely visits the gas station. The seller's net cash flow, after paying all the expenses, is between $14,000 to $15,000 a month. The net income is verifiable, with the backing of the strong and well-prepared paper work. Owner's financing is available to a buyer, having a strong credit rating. No class is required by the oil company. A new buyer, who had never owned any gas station, must seriously consider buying this absentee owner business, which is highly profitable and which has a lot of room to grow, with his personal involvement. Call Syed, the listing broker, for more information.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.