Owner Financing is Available!
Business Overview:
This Gas Station-Convenience Store is Strategically Located on a High Traffic Road near the Riverhead area of Eastern Suffolk County. The Gas sales are approximately 45,000 48,000 gallons per month plus additional Propane Gas Sales of approximately $700 week, Lotto Sales of approximately $1,200 week and the Convenience-Store Sales of approximately $8,000 week. The Gas Station has two islands with 2-Gas Pumps with 4-dispensers on "each" and 2-Diesel Pumps with 2-dispensers on each.
The Profit Margin for the gas is between $.15 to $.25 cents per gallon. The Building including the Convenience-Store & Private Office is approximately 1,100 square feet and the Property is approximately acre. This Convenience Store has Lotto, Cigarettes & a Beer License. This Profitable Gas Station has over 13-steady Corporate Accounts including Verizon, plus there is MUCH MORE Potential due to the fact that the property next store to it has just approved for a Car Wash Business. This will automatically increase the Gross Sales. The business is open 7-Days per week from 6 AM - 9 PM and till 10 PM on Friday and Saturday nights. The Seller states that the Landlord will give a New 15-year lease to the purchaser. The current Rent is $4,800 per month (includes taxes) with 3-years left on the current lease. This Business is strictly a Gas Station-Convenience Store with No Auto Repairs or Mechanics to worry about. The Market Value of a business which nets $203,000 per year should is in the price range of $360,000 - $450,000. The Seller is relocating as soon as possible and has Reduced the sale price to $225,000 for a Quick Sale. This business requires a Cash-out Offer.
Buy It Now, It Won T Last Long At The Price.
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.
Property Features and Assets:
This Gas Station with Food Mart is approximately 1,100 square feet on 1/2 acre of property with plenty of parking. The Gas Station has two islands with 2-Gas Pumps with 4-dispensers on "each" and 2-Diesel Pumps with 2-dispensers on each. It does need some TLC but the "Drastically Reduced" Price makes it well worth it.
Market Competition and Expansion:
This Profitable Gas Station has over 13-steady Corporate Accounts including Verizon, plus there is MUCH MORE Potential due to the fact that the property next store to it has just approved for a Car Wash Business.
Reason for Selling:
Relocating
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.
- This is not a distressed business or bankruptcy situation.