Gas Station, C-Store & Service - Awesome Lease
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $2938440
Net Profit / Cash Flow $57034
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1990
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training TBD
Description This independent gas station comes with a terrific assumable lease and low rent! There are 20 years remaining on the lease. The rent is less than $5K/mo. and more than half of that is covered by renting out the mechanic's bays. The station is located on the main road of a mid-Suffolk north shore town's business district. The station has 3 pumps with 2 hoses each, and pumps 60,000 gallons a month of gas and diesel.
The seller is in the process of rebuilding the c-store and has already put in new refrigeration units. He recently added beer and the store's sales are already going up. He's also in the process of adding Lotto. The service bays are rented out on a monthly basis, so an owner who's also a mechanic could take over the service bays and add directly to the bottom line. The tanks are only 2 years old and totally up to code. The station has clean environmentals. The landlord is willing to work with the owner to add a canopy. This station is a MUST SEE for any serious buyer!
NOW ONLY: $299,000
For more Information Contact:
Bruce Miller
Bridge Business & Property Brokers
516-319-2282
Click Here To Contact Seller
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