A branded gas station with a spacious convenience store is situated on a busy road in the midst of a very busy commercial area in Suffolk County, New York. The lease is for 20 years. The store carries beer, cigarettes, smoke shop items, an ATM, coffee and breakfast items, etc. There is also enough vacant space to introduce a fried chicken business. Two brothers own it, but one who was operating the business has passed away. The other brother has a full-time job in New York City, making it physically difficult to run. The business has become 100 % absentee-owned. It sells a lot of diesel with a great profit margin. After paying all the expenses, the seller's net cash flow is over $100,000 a year.
- Asking Price:
- $250,000
- Sales Revenue:
- $2,124,000
- Cash Flow:
- $101,000
Business Operation
- Reasons for selling:
-
Absentee
- Employees:
- 2 FT/1 PT
- Years established:
- 29
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $70,000
- Inventory / Stock value:
- $35,000
