New York, US
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. Call Syed for more information.