Branded Gas Station on Major Route in Suffolk County N.Y No Fuel Contr

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Asking Price:
$3,000,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Listing Information
Listing Owner -Jose Pagan
Listing Name -NBG 1000 NYP
Listing ID -NBG 1000 NYP
Branded- Yes
Fuel Contract -No
Property for Sale- Yes
Address Information
City -Lindenhurst
County -Suffolk
State- New York
Zip Code -11757
Description Information
Description
PROPERTY NY. Branded Gas station located on a corner lot and in between 2 of the most busiest routes on the north shore of Long Island. The station has been fully renovated with New Led Sign, Tanks (DWF) and pumps with updated canopy new black top and state of the art convenience store that since opening has been averaging $45,000 a month with plenty of room for improvements. The station has been ran 100% owner absentee since the opening the doors which in some cases can hurt the business when you have the employees run it that are only there for a pay check and don't care. The current sellers has invested over $ 1 million dollars just in the clean up of the property that had Environmental Issues and now that it is clean it makes it eligible for a Mortgage with any Bank. At the end of the day the station being ran the way it is everything suffers in including the gas which is only pumping 60,000 gallons a month with a pool margin 18 cents per gallon with cash/credit at a 10 cents difference. There is currently a gas contract in place at RACK -2 for who knows how many years but being that we are representing the sale of the property there will be No Fuel Contract attached to the property. New buyer will have the option to stay Branded and maybe get the price reduced or run it Unbranded and have the option to purchase the cheapest fuel off the open market. The property is Zoned for multiple use so Developers welcomed its great for Diner, McDonald's or just the way it is a beautiful looking station in need of new management..
Financial Information
Store Sales- $46,000
Gallons Per Month-60,000
Pool Margin -18
Hours 6-10
Asking Price $3,000,000

About the Business

Website:
nationwidebgny.com
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Listing Info

ID:
1536718
Ad Detail Views:
389

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Business Listed by

Jose Pagan

Nationwide Brokerage Group

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U.S. Census Data for Suffolk County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Suffolk County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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