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Lucrative Gas Station In New York For Sale

New York, US
Asking Price:
$890,000
Sales Revenue:
$4,345,000
Cash Flow:
$280,000

If you're looking for a profitable business in Queens, NY, this branded gas station with a spacious convenience store is a must-see. Located on a bustling road with high volume traffic, the gas station pumps over 130,000 gallons a month with a 35 cent profit margin on each gallon. The convenience store offers a range of products, including lotto, beer, electronic cigarettes, vapes, ATMs, coffee, breakfast, and more, making over $60,000 in gross sales a month.

Lotto earns over $2800 a month in commission. With a lease for 25 years, this business is in a prime location and perfect for those looking for a long-term investment. The seller is 100% absentee as they have a full-time job. Despite being hands-off, after paying all expenses, the seller's net cash flow is $280,000 a year. This business has everything you need to succeed, including a great location, a long lease, and being 100% absentee. Don't miss out on this opportunity.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/2 PT
Years established:
30

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$40,000