Busy Gas Station In Great Nassau County Location For Sale

Business description

This un-branded gas station is located on one of the busiest roads on Long Island. The gas station lies right at the corner of four roads, which are abounded with heavy traffic, throughout the day.The gas station pumps 80,000 to 90,000 gallons a month, and the store collects $60,000 in gross sale, a month. At the pumps, there is a difference 0f.10 cents between cash and credit. It has lotto, cigarettes, cigars, pre-paid calling cards, candies, coffee,but no beer. The owner, due to his religious belief, doesn't want to sell beer; a great opportunity for a new buyer to add beer, and thus can increase the sale of the store. The seller owns the business for ten years; he has another business, which is consuming a lot of his time; therefore, he has decided to sell the business. The seller is willing to finance, in a limited way. The seller owns the property; a new buyer will get a lease for four years, and then after that, the seller will renogiate the lease, and a buyer would get the lease extended, even for thirty years. Rent for the gas station and the store $5,000 a month, including taxes. Owner's cash flow, excluding all the expenses, is $120,000 a year, which is verifiable by the papers.Seeing is believing: see the location and then you would love to own this business!

Property information

Real Estate:

Lease

Other information

Support & training:

seller will train

Reasons for selling:

Owner has established another business; he can't focus on this one.

Financing available:

135,000 down & negotiable

Furniture / Fixtures value:

$15,000

Inventory / Stock value:

$15,000