This branded gas station is located on one of the major highways, on Long Island. It pumps 130,000 gallons a month, and the store, which is spacious, and commodious, earns about $30,000 a month. The store has lotto, beer, cigarettes, coffee, breakfast,etc. Lease is for fifteen years. The branded name is valid for four years, and if a new buyer wants another five years, the oil company will pay him $150,00 as an upfront money to use its name for another five years. There are two partners, and both are fighting within themselves over the running of the business. One partner is female whose husband is being forced to go back to his county, so the female partner is unable to contribute physically, in taking part in the business, which is annoying the male partner. Even with this internal odds, the business is profitable, and show a net cash flow of between $8,000 to $10,000 a month. There is a split of .10cents between cash and credit price at the pumps. It is a self-serve gas station, so one person, at a time, is enough to run the gas station.
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Reason for Selling:
- 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.