Nationally-known Gas Station - 26643

Nassau County, NY
Nassau County

Asking Price: Annual Revenue:
$320,000 $2,672,000

Food & Beverage: Convenience Stores

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RE: Nationally-known Gas Station - 26643 Broker: Syed Ahmed

Quick Facts

Asking Price: $320,000
Annual Revenue: $2,672,000
Net Profit: Not Disclosed
Cash Flow: $90,620
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 44594447
Broker Reference #: 26643

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Business Overview:

This nationally-known branded gas station is located on one of the busiest roads on Long Island. It has a self-serve car wash; it sells propane, which goes like a hot cake, as this is the only place where the people can buy propane. Its store is spacious, and beautifully decorated; it is equipped with lotto, beer, cigarettes, coffee, and many other merchandises; store makes $50,000 in gross sale a month. Seller's profit margin on a gallon is .30 cents. The previous owner had this gas station for thirty years. Seller bought it over two years ago, but he must sell it as his other business is seriously affected. Seller's net cash flow, after paying all the expenses, is over $90,000 a year.

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Reason for Selling:

Seller has another business.

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.

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