Description Asking Price: $1,200,000
Non-branded gas station with full mechanics shop and space to add a convenience store. Net cash flow form gas is approximately $200,000-250,000 derived from 120,000 gallons volume/month and $250,000-300,000 from the mechanics shop.
FFE: $250,000 (Included in Price)
Real Estate: $2,700,000
Inventory: $30,000 (Included in Price)
Reason for Sale: Seller is retiring.
Year Established: 1950
Employees: 6 Full Time
Absentee Owner: No
Monthly Rent: $ 20,000
Square Footage: 5000
Facilities:
A 5,000 square feet building on a 15,000 square feet lot. Building has full service mechanics shop and room to build out a convenience store. 3 newly refurbished pumps stations. Other revenue streams from ATM, photo inspections, vending machines, and hand car wash. Located in very nice area of the Bronx.