This branded gas station is located on one of the major highways on Long Island. The adjoining area is considered to be one of the richest neighborhoods on Long island. The seller owns it since 2001, and now, due to a personal reason, wants to sell it. The seller has many other businesses, so, being an absentee owner, he is unable to run the gas station.
The gas station has a repair shop, and a convenience store. The repair shop is being run by a mechanic for several years, who pays the seller $3800 as a rent. The store is equipped with lotto, beer, cigarettes, coffee & breakfast, etc. It is a self-serve gas station. It pumps about 70,000 gallons a month; the store earns around $35000 in gross sales a month. Lotto makes $3500 a month in commission. There is also a price split between cash and credit at the pump. The seller's net cash flow, after paying all the expenses, is $7,000 a month. Call Syed at 631-374-7686 for more information.