Branded Gas W C-Store In Suffolk County For Sale

Overview

  • Business services, Services
  • Property Type

Description


Suffolk County,
New York, US

Asking Price:


$285,000

Sales Revenue:

$2,449,000

Cash Flow:

$125,000

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.



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Address

  • State/county New York
  • Country United States

Details

Updated on January 21, 2023 at 12:01 am
  • Property Type: Business services, Services
  • Property Status: For Sale

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