Prime Long Island Gas Station with Convenience Store
Business Description
Prime Long Island Gas Station with Convenience Store
LISTING ID # 37817
Prime Long Island Gas Station with Convenience Store & Future Property Purchase Option
This established unbranded, self-service gas station and convenience store is located in a prime Long Island location with limited nearby competition. The property is also available as part of a future purchase opportunity, giving the buyer the ability to lease initially with a right of first refusal to purchase the real estate at a later date.
The station currently pumps more than 50,000 gallons per month with an impressive average gasoline profit margin of approximately $0.35 per gallon. The fully stocked convenience store generates more than $40,000 per month in gross sales and offers lotto, beer, cigarettes, cigars, smoke-shop products, coffee, breakfast items, and everyday convenience products.
Adding to the upside, the seller has received approval for an expanded convenience-store development that may also include an automotive repair component, creating additional opportunities for a new owner to grow revenue and increase the value of the location.
After all operating expenses, the business produces net cash flow of more than $12,000 per month.
This is an excellent opportunity to acquire a profitable gas station operation with strong margins, limited competition, expansion potential, and the possibility of eventually owning the underlying real estate.
Prime Long Island Gas Station with Convenience Store & Future Property Purchase Option
This established unbranded, self-service gas station and convenience store is located in a prime Long Island location with limited nearby competition. The property is also available as part of a future purchase opportunity, giving the buyer the ability to lease initially with a right of first refusal to purchase the real estate at a later date.
The station currently pumps more than 50,000 gallons per month with an impressive average gasoline profit margin of approximately $0.35 per gallon. The fully stocked convenience store generates more than $40,000 per month in gross sales and offers lotto, beer, cigarettes, cigars, smoke-shop products, coffee, breakfast items, and everyday convenience products.
Adding to the upside, the seller has received approval for an expanded convenience-store development that may also include an automotive repair component, creating additional opportunities for a new owner to grow revenue and increase the value of the location.
After all operating expenses, the business produces net cash flow of more than $12,000 per month.
This is an excellent opportunity to acquire a profitable gas station operation with strong margins, limited competition, expansion potential, and the possibility of eventually owning the underlying real estate.
About the Business
- Years in Operation
- 25
- Employees
- 3 (2 Full-time, 1 Part-time)
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train
Listing Info
- ID
- 2555093
- Listing Views
- 8
Listing ID: 2555093 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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