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Asking Price$775,000
RevenueUndisclosed Established1980
Cash Flow$298,644 Employees2 full, 2 part
FF&E$250,000 FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Unbranded Gas, C-Store and Subleased Repair. This is a long established, full serve gas station in a very affluent and high traffic location on the North Shore of Suffolk County. It is located on a very busy corner. It operates 7 days from 6am - midnight. There is one employee there from 6am - 8am, 2 employees from 8am - 10pm and 1 employee from 10pm to close. They have a strong 17.5 year lease with only 2% yearly increases. They pump an average of 140,000 gallons per month with an average Net Profit of .25 cents per gallon (after CC and Tax). The station has 3 pumps (6 fueling stations). The c-store sells everything from LOTTO and beer to very basic items such as cigarettes, soda, candy and coffee. In the past 12 months the c-store alone grossed approx. $40K/mth. The total Net Income to the owner in the past 12 months was approx. $298,644.00 ( that includes Gas Profit (incl. Diesel), C-Store Profit, Cigs., ATM, Air and Vacuum). The 2 bay repair has a subleased tenant at a rent of $3K mth. with 2 years remaining on their lease. The tanks were replaced just 3 years ago. Please keep in mind that there is approx. $75K in additional inventory and deposits above the asking price. Buyers will be asked to provide at least $675K in Proof of Funds before particular details will be released. Call Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com. This is truly a unique station that will not last.
Training/Support:seller will train
Seller Financing:$600,000.00 Down and $175K over 2 yrs. @ 6%.
Sale Reason:Partnership Dispute
Ad #40071
Seller Reference #22509
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Contact This Seller
Melvin L. Vaz
631-909-1095
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