Prime Long Island Gas Station with Convenience Store - 37817

Financing

$350,000 Down and

Business Description

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.

Call Syed at 631-374-7686 for more information.

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Attention Business Owners:

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.