Local Gas Station for Sale in Suffolk County
Asking Price: | $550,000 |
Gross Revenue: | $2,896,000 |
FF&E: | $40,000 |
Cash Flow: | $192,000 |
Inventory: | $65,000 |
Established Year: | 1996 |
LISTING ID # 34397
This unbranded gas station, with a large convenience store, is situated at one of the busiest routes on Long Island. The business has an 18 year lease. The store has lotto, beer, cigarettes, ATM, EBT, cigars, all the smoke shop items, coffee & breakfast, etc. The store does over $70,000 in gross sales a month; lotto makes $4500 a month in commission. Being an unbranded one, the profit margin on the gas is very high. The seller owns several businesses; has decided to sell it. Owns it for over 10 years. The seller's net cash flow, after paying all the expenses, is over $17,000 a month. Call the broker for more information.