Gas, C-Store and Subleased Repair-26013

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$220,000 $1,411,766

Automotive & Boats: Gas Stations

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RE: Gas, C-Store and Subleased Repair-26013 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $220,000
Annual Revenue: $1,411,766
Net Profit: Not Disclosed
Cash Flow: $71,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1964
Employees: Not Disclosed
BBN Listing #: 49214447
Broker Reference #: 26013

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Business Overview:

Unbranded Gas, C-Store and Subleased Repair. PRICE NEGOTIABLE! This is a fantastic opportunity for a simple gas operation in an affluent N.Shore Suffolk community. THE CURRENT OWNER RUNS THIS LOCATION ON A COMPLETELY ABSENTEE BASIS! The rent is only $3,500/mth., but there is a repair sublease that brings in $2,500/mth. THAT LEAVES A NET RENT OF ONLY $1,000/mth. They currently pump an average of 38,000 gallons per month. In the past 12 months the station had a net income of approx. $71,400.00. A HANDS ON OWNER COULD REDUCE PAYROLL BY AT LEAST $30k, TO BRING THE NET TO $100K AND ONLY WORK 5 DAYS PER WEEK. Please keep in mind that there is approx. $50K in additional inventory and deposits above the asking price. Buyers will be asked to provide Proof of Funds before meeting with the owner. P&L Provided Upon Request.

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Reason for Selling:


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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