Owner Financing is Available!
Business Overview:
Branded Gas & C-Store. Great for an owner/operator. This full-serve station is located on a very busy road on the South Shore of Suffolk County. They have a phenomenal lease, 20 years (10 years, plus a 10 year option). They have brand new tanks and pumps. They average 90,000 gallons pumped in the Summer and 70,000 gallons in the Winter with an average Net Profit of .14/gallon. The station has 3 fueling stations and 6 pumps, but no canopy. There is also a small c-store that has average sales of $35,000 per month in the Summer and $17,000 in the Winter. There is a beer license. There is additional revenue from ATM, Air and Vacuum and LOTTO. In 2011, the owner had a cash flow of approx. $52,217 running this station on a part-time to absentee basis. The owner is selling because he has an opportunity to get involved with another full time business. Please keep in mind that there is approx. $55K in additional inventory and deposits above the asking price. Buyers will be asked to provide at least $140K in Proof of Funds before meeting the seller.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.