Best Deal for Gas Station on Long Island

Nassau County, NY

Seller Financing Available
Best Deal for Gas Station on Long Island
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Asking Price: $249,000

Cash Flow: $108,000

Gross Revenue: $220,000

EBITDA: N/A

FF&E: $15,000

Inventory: $40,000*

Rent: $11,000 /Month

Established: 2013

*not included in asking price.

Best Deal for Gas Station on Long Island

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Business Description

High Volume Branded gas station w/ convenience

This nationally branded gas station has 14 years remaining on its lease. It is located close to a major highway, at a very busy intersection. It currently pumps 170,000 gallons a month at .06 cent per gallon. Full size convenience store doing $70,000 gross sales a month, lotto makes $2500 month in commission, ATM makes $500 month and air/vac another $300. Rent is $11,000 which is covered by the gas commission. Seller's net cash flow is $8,000 a month while barely having any time to run business. Seller has recently moved into a new profession and does not have time to manage anymore. Sale price does not include gas and rent deposits.

Detailed Information

Location:
Nassau County, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
8/1/2033
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment and fixtures (8 gondolas, huge coffee counter, checkout counter and open air cooler) included in the sale.
Competition:
Prime location close to a major highway, busy intersection and many other businesses.
Growth & Expansion:
New hands on owner can increase store sale by adding more tobacco, vape and CBD products, possibly add a small deli for breakfast/lunch sandwiches.
Financing:
Some seller financing available
Support & Training:
Will provide 2 weeks training
Reason for Selling:
Moved into another profession, not much time to manage anymore
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Business Listed By:
Not Disclosed

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