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Popular Unbranded Gas Station In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$300,000
Sales Revenue:
$3,284,000
Cash Flow:
$120,000

An unbranded gas station, with a convenience store, is located in a crowded neighborhood on Long Island. The seller owns it for over 25 years; now wants to retire. Owns the property; wants to sell the business with property for 2.3 million;

The property is for sale through PMTG Realty and the seller will hold a mortgage, with $800,000 as a down payment. The store has lotto, beer, cigarettes, cigars, ATM, coffee & breakfast, etc. Sells diesel and E85 too. Pumps over 70,000 gallons a month; store does over $70,000 in gross sale a month.

At present, a tenant is running and pays $10,000 a month rent; he has no lease; just on a month to month. An excellent opportunity to buy this gas station with property in which the seller's financing is available.

Business Operation

Reasons for selling:

Retiring

Employees:
2FT/3PT
Years established:
1996

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$60,000
Inventory / Stock value:
$25,000