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Branded gas station and c-store, right off Cross Bronx Expressway. *Major price reduction* The location is fantastic. Tremendous traffic passes daily at this intersection. The current owner is here less than 20 hrs./week. This is a gas station and c-store- no repairs. They pump an average of $140,000 gallons/month, at a 9c commission/gal. There are two islands with eight pumps. The c-store averages approx. $12k/month in sales. They do not sell cigarettes or beer. They see an average of $1,800/month in lotto commissions. In the past year the business generated a net cash flow of approx. $54,000 for a part-time owner. The station has a 3-year PMPA lease with a rent of only $3,400/month. In fact, there is an option to buy the property for $2mil. The underground gas tanks are up to code, as well. We are seeking a serious and financially qualified buyer with at least $131K in liquid funds to cover the $89K downpayment, $35K fuel security deposit and $7K rent security deposit. The landlord will not offer a long-term lease to a buyer without gas station experience. Without experience, the landlord will only offer an initial one-year lease, with additional years if they are successful. All site visits must be discreet. Please do not mention the sale when visiting the location.
Owner has another business.
89,000.00 Down & Negotiable. Motivated Seller.
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