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Region: USA :: New York :: Print Listing
Property Type: BusinessForSale :: Gas Station & C-Store

Advertiser: Commercial
The Gray Rider Real Estate
143 Longview Drive
Chatham NY 12037
United States
Phone: +1-518-392-7062
CLICK HERE TO CONTACT ADVERTISER
 
Price: US$ 275,000
Views: 1103

Gas Station and C-Store in Upstate New York USA


NOTE: This is currently operated as an absentee owner business. This would be ideal for two partners or family as management labor costs could be reduced substantially.

Average Monthly Gas Volume: 50,000 gals @ .04cents comm = $2,000.

Average Monthly C-Store Gross Sales: $75,000+ @ 30% margin = $22,500

Average Monthly Lotto Income: $2,000.+

Gallons of Gas Sold Per Year: 600,000+/- gallons

Monthly Current Triple Net Rent: $5,800 Triple Net (rent = $5,000.00 for 18 years + real estate taxes and Insurance = $800.)

Hours of Operation: 5:00AM to 10:00PM

Here are the basic details:

$295,000 - for the Business
$20,000 - Security deposit to Distributor for Gas in the Ground
$40,000+/- for Convenience Store inventory

Approximately $355,000 is necessary to purchase this business.

Gross Income is approximately $26,500.+/- per month or $318,000 per year

Here are the monthly expenses:

$ 5,800 - Rent - Triple Net - includes real estate taxes and insurance
$ 1,500 - Electricity, Heat, trash, phone and maintenance
$ 0 - Credit Card Expenses are paid by the distributor
$ 7,500 - Employees (1 Full Time Manager - 6 Part Time - Absentee Owner operation

$ 1,700 - Sales tax, Misc expenses

-$ 16,500+/- - Total Expenses
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$10,000+/- Net Income per month

NOTE: Note 1: This is a confidential offering. Owners have requested that all buyers submit proof of their financial ability to purchase this gas station before the location will be disclosed to the buyer or any appointments can be made.