Exact location provided on inquiry.
About this opportunity
A very busy Mobil gas station and convenience store in the Bronx. This is the sale of the business only; no real estate is included. It is a commission site for gas, paying 1.5 cents per gallon.
The commission is low, but the station pumps about 90,000 to 100,000 gallons a month, and that traffic keeps the store busy. Most of the earnings come from the store and lotto.
The sale is an assignment of the existing lease, with 3-year leases renewable every 3 years. Rent is $6,800 a month and includes real estate taxes. The security deposit is currently 1 month's rent ($6,800), but the landlord sets the final amount based on the new operator's credit. An assignment or transfer fee may apply. Inventory is extra and will be counted by a third-party counter.
The figures are as-is. There is room to grow: a food truck on site, one or two electric vehicle chargers, and a finished kitchen in the store that has never been used.
Highlights
- About 90,000–100,000 gallons a month
- About $52,334 a month in store sales
- About $139,000 a month in lotto sales
- Commission site: 1.5 cents per gallon, no fuel buying
- Rent $6,800/mo including real estate taxes
- Room to grow: food truck, EV chargers, unused finished kitchen
Financial details
- Asking price
- $299,000
- Real estate
- Business only
- Fuel volume
- 90,000 gal/mo
- Fuel brand
- Mobil
- Inside sales
- $52,334/mo
- Monthly rent
- $6,800
- Lease
- Assignment of existing lease; 3-year terms, renewable every 3 years
- Fuel volume
- About 90,000–100,000 gal/mo
- Gas commission
- 1.5 cents per gallon
- Rent includes
- Real estate taxes
- Security deposit
- Currently 1 month ($6,800); final amount set by landlord
- Assignment / transfer fee
- If applicable
- Inventory
- Extra, counted by a third-party counter
| Item | Amount |
|---|---|
| Income | |
| Gas commission1.5 cents/gal on about 90,000 gal | $1,350 |
| Convenience storeAbout $52,334/mo sales × 35% retained | $18,320 |
| Lotto commission6% of about $139,000/mo sales | $8,340 |
| ATMSelf-owned | $1,375 |
| Air / vacuum | $552 |
| Total income | $29,937 |
| Expenses | |
| RentIncludes real estate taxes | $6,800 |
| Payroll | $9,288 |
| Insurance | $991 |
| UtilitiesGarbage, water/sewer, electric, internet (landlord pays part) | $2,455 |
| Total expenses | $19,534 |
| Net income | $10,403 |
As-is figures, without a food truck, EV chargers or use of the store's kitchen.
Figures are provided by the seller and have not been independently verified. Buyers should perform their own due diligence.