HS Listing ID-71885
Overview
This is a semi-absentee asset sale of a branded commission gas station with a convenience store and self-service car wash located in Staten Island, NY. The business has established operations, consistent fuel volume, diversified convenience store revenue, and multiple ancillary income streams.
The business currently operates with three employees in place, allowing the owner to remain semi-absentee by periodically overseeing operations while employees manage the day-to-day business.
Financial Overview
Asking Price: $165,000
2024 C-Store Gross Sales: $682,601.99
2025 YTD POS Sales: Approximately $866,323.80
Estimated Owner Cash Flow: Approximately $4,000–$5,000 per month
Fuel Volume: Approximately 40,000 gallons per month
Fuel Commission: Approximately 6¢ per gallon
Transaction Structure
Transaction Type: Asset Sale
Included in the sale:
• Business goodwill
• Furniture, Fixtures & Equipment (FF&E)
• Leasehold interest (subject to landlord approval)
• Existing business operations
Inventory shall be purchased separately at closing, if applicable.
Business Operations
The business operates on a semi-absentee basis with an experienced staff currently managing the daily operations.
Staffing Includes:
• Two Day Shift Employees
• One Night Shift Employee
• Total Weekly Payroll: Approximately $2,560
The owner primarily visits the business to collect cash, monitor operations, and oversee general performance.
Gas Station Operations
The business operates under a branded commission fuel agreement.
Current Fuel Operations:
• Approximately 40,000 gallons sold monthly
• Approximately 6¢ commission per gallon
• Four gasoline fueling positions
• Two diesel fueling positions
• Canopy over fueling area
The station generates consistent customer traffic while driving repeat convenience store business.
Convenience Store Operations
The convenience store offers a diversified mix of merchandise with strong sales across multiple product categories.
Major Revenue Categories Include:
• Cigarettes
• Tobacco Products
• Grocery Merchandise
• Beer
• Lottery
• Snacks
• Candy
• Dairy Products
• Frozen Foods
• Beverages
• Automotive Products
• Phone Accessories
The available POS reports reflect approximately $866,323.80 in year-to-date merchandise and store sales.
Additional Revenue Streams
In addition to fuel and convenience store sales, the business benefits from multiple passive income sources.
Current Revenue Includes:
• Self-Service Car Wash (50/50 Commission Split)
• Vacuum Stations (50/50 Commission Split)
• Air Pump Income (50/50 Commission Split)
• Donation Box Income (Approximately $600 per Month)
These revenue streams supplement the business with minimal operational involvement.
Lease Information
Lease Structure:
• Branded Commission Lease
• Approximately 4 Years Remaining
• Two Renewal Options Available
Base Rent:
• Approximately $8,000 Per Month
• 3% Annual Rent Increases
Security Deposit:
• $15,000
Ownership & Transition
The business currently operates on a semi-absentee basis with employees handling the daily operations.
The owner is willing to provide a reasonable transition period to assist the buyer with operational continuity and a smooth transfer of ownership.
Growth Opportunities
• Transition to an owner-operator model to improve profitability
• Expand convenience store merchandising
• Increase impulse product sales
• Improve operational efficiencies
• Grow existing high-margin product categories
• Increase ancillary revenue opportunities
Buyer Qualifications & Landlord Approval
The sale is subject to landlord and fuel supplier approval.
Prospective buyers should be prepared to provide:
• Proof of financial capacity
• A professional business plan outlining their operational strategy
• Financial statements and supporting documentation as requested
• Any additional documentation required during the landlord approval process
Experienced gas station operators are preferred. Buyers without direct industry experience may strengthen their application by presenting a qualified management team, a detailed business plan, and sufficient financial capacity.
Buyer Profile
This opportunity is ideal for:
• Experienced Gas Station Operators
• Owner-Operators
• Semi-Absentee Investors
• First-Time Buyers with Qualified Management
• Buyers seeking a branded fuel location with multiple revenue streams and immediate cash flow
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
