Description:
THIS FULL-SERVICE SUNOCO CENTER HAS AN ACTIVE REPAIR SHOP AND ALSO HAS ROOM FOR A C-STORE TO BE ADDED ( sunoco will add it for a new owner ). IT HAS BEEN ON THIS BUSY MAIN STREET CORNER FOR MORE THAN 20 YEARS. THE LOT IS 10,000 SQUARE FEET AND HOUSES BRAND NEW TANKS AND PUMPS, A SERVICE CENTER , PARKING AND HAS ROOM FOR A C-STORE TO BE ADDED. THE PRESENT OWNER IS RETIRING AFTER 20 YEARS.
Historical Summary
IN BUSINESS ON THIS MAJOR CORNER SINCE 1980.
Owner Qualifications
SERVICE CENTER EXPERIENCE IS HELPFUL
Asking Price:
USD $449,000.00
Our Ref:
Unspecified
Terms of Sale:
Share Capital
Revenue (Income):
USD $550,000.00
Net Profit (Cash Flow):
USD $185,000.00
Time Established:
1991
No. of Employees:
Full Time: 6, Managers: 1
Expansion Potential:
UNLIMITED - WITH AN ADDED C-STORE
Competition/Market:
THE ONLY STATION ON THIS SIDE OF THE MAJOR AVENUE.
Trading Hours:
24/7
Reason for Sale:
RETIREMENT
Support & Training:
SELLER WILL COMPLETELY TRAIN
Owner Financing:
Yes
Finance Available:
NEGOTIABLE
Value of Fixtures/Fittings:
USD $200,000.00
Value of Stock/Inventory:
USD $5,000.00
Property Type:
Leasehold
Lease Terms:
12/31/2021, 5 YEARS MORE
Leasehold Rent:
$8,500
Premises Details:
THE STATION IS LOCATED ON A MAJOR STREET CORNER IN BROOKLYN, NEW YORK.The ultra service center repair shop has 3 bays and is a fully equipped service center. The shop has over $150K in equipment including NYS inspection machine, wheel alignment machine, and all diagnostic equipment necessary for repairing today's vehicles.
Gas station is open 24 hours and has 3 employees working 8 hr. shifts. They provide full service station ,but are capable of doing self service as well.
The repair shop has 3 full time employees which include a manager that is capable of running all day to day operations.
Currently there is no c-store , but Sunoco is more than willing to build one for a New owner that would like to operate one.
The station also makes 2-3k per month from rented parking spots.
Size (Sq meters or feet):
10000 sq ft