Popular Bronx County Gas Station & Store
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Asking Price
$400,000
Detailed Information
Business Description
A well-established gas station with a convenience store is located in a lively neighborhood in Bronx County, NY. The store offers a variety of products, including lotto, beer, cigarettes, vapes, and breakfast items. With a 10-year lease in place, the business pumps 110,000 gallons of gas monthly, yielding a profit margin of .25 cents per gallon. Despite being entirely run by staff, the store sees high levels of foot traffic and generates a net monthly cash flow exceeding $11,000 for the owner. This busy gas station and convenience store benefit from an advantageous location and a lengthy lease agreement, allowing for stable operations and profitability. The business is fully managed by employees, making it an attractive investment opportunity for absentee owners seeking passive income. With a diverse product offering and consistent monthly gas sales, the store maintains a solid financial performance. Interested parties can inquire further through the listing broker, with all meetings requiring advance scheduling. In summary, this branded gas station and convenience store in