143 Longview Drive
Chatham, New York
GAS STATION FOR SALE
**INCLUDES REAL ESTATE**
in Columbia County, New York
Firm Price: $950,000. + Inventory
Average Monthly Gas Volume: 60,000 gals @ .20+ cents comm = $12,000.
Average Monthly C-Store Gross Sales: $75,000 @ 40%+ margin = $30,000
Average Monthly Lotto Sales: $58,000 @ 6%+ margin = $3,500
Gallons of Gas Sold Per Year: 720,000+/- gallons
Hours of Operation: 6:00AM to 10:00PM
Here are the basic details:
$950,000 - Asking Price for the Business and Real Estate
$100,000+/- for Convenience Store Inventory and Gas in the Ground
SELLER FINANCING AVAILABLE:
$600,000 CASH DOWN PAYMENT
$350,000 SELLER FINANCING - at 7% with 10 year amortization with 5 year balloon payment.
Note: There is 7+ years left on the Gas Distributor Contract - Wholesale Price: RAC+1.75
Gross Income is approximately $45,500+ per month or $546,000+/- per year
Here are the monthly expenses:
$ 4,600 - Mortgage based on $700,000 at 6% with 30% down
$ 625 - Real Estate Taxes ($7,500 per year)
$ 125 - Propane gas for heat and hot water
$ 1,500 - Electricity, trash, phone and routine maintenance
$ 3,000 - Credit Card Expenses
$ 150 - Insurance
$ 4,000 - Employees (1 Full Time - 1 Part Time and 1 Owner/Operator
$ 1,500 - Miscellaneous
-$ 15,500+/- - Total Expenses
$30,000+/- Net Income per month
NOTE: Note 1: This is a confidential offering. Owners have requested that all buyers submit proof of their
financial ability to purchase this gas station before any appointments can be made to meet with the Owner.
NOTE 2: Owner also requests that if you decide to visit the station before meeting with the owner, that you not talk to any
employees as it becomes very disruptive for the business and the owner. If you do talk to the employees, the owner will not sell
the business to you.
NOTE 3: Seller WILL NOT PROVIDE tax returns or CPA prepared
P&L information. Only VERY LIMITED financial
information will be produced by the owner. If needed, Buyers may be able to get partial Bank Financing for the
real estate (currently assessed at $450,000.) as part of the purchase, but must still be able to provide their own
financing for the remaining amount of the purchase. The Best Price will come from a CASH SALE. P&L financial
information for income and expenses has been provided by the owner-seller and HAS NOT BE VERIFIED by our company.
Or CALL OR TEXT John Wallace for more information at 518-441-5139.