This branded gas station with a 30 year lease, is located on a very busy road that leads to a major highway on Long Island. It pumps over 70,000 gallons a month (before COVID19, it used to pump over 140,000 gallons a month), with a profit margin of .35 cents each gallon. Important- after 3.5 years the BP agreement ends, leaving this an unbranded gas station with open supply at that time. It has a spacious convenience store, which has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. It is a 100% absentee business; The seller owns many businesses in Brooklyn; finds it hard to manage it. A great opportunity for a first time gas station buyer who himself will run it. The seller's net cash flow, after paying all the expenses, is over $8,000 a month.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.