Unbranded Gas Station for Sale in New York

Suffolk County, NY
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Asking Price:$350,000
Gross Revenue:$3,220,000
FF&E:$80,000
Cash Flow:$150,000
Inventory:$30,000
Established Year:1995
BUSINESS DESCRIPTION

Unbranded Gas Station for Sale in New York

LISTING ID # 36349

An unbranded gas station with a 1500 sq. ft. convenience store is located on a busy road on Long Island. The store is stocked with lotto, beer, cigarettes, CBD, all smoke shop items, coffee, and breakfast. It pumps 60,000 gallons a month with profit of .22 cents on each gallons. The business has sublet part of the area to a tire shop and a mechanic shop, collecting $3000, $3100, $600, and $350 monthly, respectively, reducing the rent to $8600 a month. Two partners own it and have developed a serious misunderstanding between them, hence they have decided to sell the business. The business has a 20-year lease. A great opportunity to buy this unbranded gas station with a well-run convenience store that does over $50,000 in gross sale a month. The lotto earns $3,000 a month in commission. After paying all the expenses, the seller's net cash flow is over $150,000 a year.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd