Financing: $725,000.00 Down and
Reason for Selling:Going into another type of business.
This unbranded gas station is located on one of the busiest routes on Long Island. It has a 29-year lease. There is a very spacious convenience store, which has lotto, beer, cigarettes, ATM, EBT, coffee & breakfast, etc. The store makes $80,000 a month in gross sales. It pumps around 70,000 gallons a month, with .50 cent profit margin per gallon.
Lotto earns $5,000 in commission per month. There is a 100% absentee owner. Seller wants to move into another type of business- that is the reason he wants to sell. This un-branded gas station is at a great location. Seller's net cash flow, after paying all the expenses, is over $22,000 a month.
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