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Branded Gas W C-Store In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$225,000 (USD)
Sales Revenue:
$2,449,000 (USD)
Cash Flow:
$125,000 (USD)

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.

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Business Operation

Reasons for selling:

Personal

Employees:
2FT/1PT
Years established:
1992

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

150,000.00 Down & 75k at 6% for 24 months to qualified buyers

Furniture / Fixtures value:
$40,000 (USD)
Inventory / Stock value:
$20,000 (USD)

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