Commission Agent Unbranded Gas Station NY
Commission Agent Unbranded Gas Station In the Bronx, Cash Flow is $80,000
Unbranded commission agent gas station built on one of the Bronx's busiest roads. This station is right up the road from Yankee Stadium and has 24-hour regular and stadium parking. This gas station alone, just with the parking, brings in over six figures.The station has a convenience store that is currently is bringing in over $20,000 a month combined with regular parking and also sells Lotto $1,200 commissions paid. The stadium parking is totally separate and bring in over $40k in only 5 months. The new operator could add VIP parking which can guarantee a parking space for $150 and could add an additional income of $15,000 a year. The current operator has added beer to the station which should increase inside sales by 10%.The seller has been here for over 3 years and owns a maintenance company that has acquired a big contract. The seller cannot put in 100% of his time and would like to sell. The station is a commission agent site with 2 MPDs that are currently pumping 70-80,000 gallons a month at 7.5 cents commission. The gas covers the rent and all the other expenses, which are very low because being a commission agent, the fuel company takes care of everything. The real money here is with the parking; when there is a game at Yankee Stadium, the seller closes the stations and packs it out with parking. The new buyer will receive this station with a rent of $6,000 and a standard PMPA lease that renews every year. The seller is currently netting over $80,000 a year and selling this location for $175,000 last and final. The new buyer could get his return on this investment within two years. All numbers could be verified by the seller, no problem; just look at the location, and you know it's real. Iconic gas station in the right place Location, location, location: if you have been looking in the 5 boroughs, this one is it. The station is priced right for a quick sale, so make an offer if it's reasonable; it's yours; it's that simple.
Financials (USD)
Asking Price $175,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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