HS Listing ID-68850
Asking Price
• Howard Beach (Individual): $300,000
• Astoria (Individual): $250,000
• Both Locations Together: $475,000
1: HOWARD BEACH –
Fully Absentee or Owner-Operator Opportunity – High-Volume Commission Gas Station with Multiple Income Streams
Reason for Sale
Seller is looking to retire after the departure of the 50/50 partner who left the country.
Business Overview
This branded commission-based gas station in Howard Beach is a fully absentee-operated location, making it a strong opportunity for an absentee buyer seeking passive income or an owner-operator looking to significantly improve cash flow. The business has been operating at this location for approximately 3–5 years and pumps 135,000–140,000 gallons per month, earning a flat 16¢ per gallon commission across all grades. Fuel is owned, supplied, and delivered, eliminating fuel inventory risk for the operator.
Inside store sales average $18,000–$20,000 per month (excluding lotto) at approximately 45% gross margin, while total inside activity including lotto reaches $30,000–$35,000 per month. Lotto commissions generate approximately $1,800–$2,100 per month.
Additional income streams include ATM revenue, two vacuum stations and two air pumps generating approximately $900–$1,200 per month (50/50 split), donation boxes producing $800–$1,000 per month, and parking income of approximately $2,500–$3,000 per month. The site operates without a canopy.
The business is currently run fully absentee, supported by a staff of five employees (three full-time, one part-time, and one rotating employee shared with another shop). Due to the fully absentee structure and higher payroll load, the business generates approximately $7,000–$9,000 per month in net income. An owner-operator or hands-on semi-absentee buyer has clear potential to increase net income by reducing payroll inefficiencies and improving operational oversight.
Operations
• Type: Commission Site
• Hours: 5:00 AM – 12:00 AM
• Service: Full-Service
Financial Highlights
• Fuel Volume: 135,000–140,000 gallons/month
• Fuel Commission: 16¢ per gallon (flat commission)
• C-Store Sales (excluding lotto): $18,000–$20,000/month
• Total Inside Sales (including lotto): $30,000–$35,000/month
• Lotto Commission: $1,800–$2,100/month
• Current Net Income (Fully Absentee): ~$7,000–$9,000/month
Lease Structure & Operating Costs
• Rent: $3,000/month
• Property Taxes: ~$3,500/month
• Utilities: ~$1,200–$1,500/month
Security Deposit (Howard Beach – IMPORTANT)
• Primary fuel security deposit required: approximately $50,000–$70,000 for a new buyer
• Includes three months of landlord rent/security
• No separate landlord security deposit required
• Lease Term: 3 years remaining + 3-year option
Property Notes
• No canopy
• Fuel and environmental responsibility
• Currently fully absentee operated
• Strong upside for owner-operator or semi-absentee buyer
2: ASTORIA
Established High-Volume 24/7 Commission Gas Station – Astoria, Queens
The station includes a large convenience store footprint and pumps approximately 140,000 gallons per month.
Fuel Operations (Commission Model)
Brand Responsibilities
• Owns and supplies fuel
• Covers indoor and outdoor credit card processing fees
• Handles major fuel system infrastructure and tanks
Operator Responsibilities
• Earns approximately $0.18 per gallon
• No fuel inventory risk
• Controls retail pricing, subject to brand guidelines
Estimated Fuel Commission
140,000 gallons × $0.18 ? $25,200 per month
Store & Ancillary Income
• Inside store sales: ~$30,000/month
• Gross margins: ~50–55%
• Beer: Active
• Lottery: Active
• Air / Pump Machine: approximately $400/month (50/50 split)
• Tobacco license not renewed since 2009
• Tobacco reinstatement available (immediate upside)
Staffing & Operations
• Full-service, 24/7 operation
• Three long-term employees, all staying
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2452785
