Gas Station with Store and Rentals, Long Island
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Asking Price
$550,000
Detailed Information
Business Description
This listing is for an unbranded gas station situated on a high-traffic route in Long Island. The business features a spacious store offering various products such as lotto, beer, cigarettes, vapes, and more. Additionally, the property generates rental income with two apartments and extra space for lease. The gas station pumps over 70,000 gallons a month, resulting in a profit of 25 cents per gallon, while the store achieves monthly gross sales exceeding $50,000, including $2,000 in lotto commissions. This business and property package presents a compelling investment opportunity, with the seller requesting $550,000 for the business alone or $3.5 million for both the business and property. The sale includes everything, and the operation is completely absentee-managed. The seller is open to favorable financing terms, requiring a down payment of $1.5 million for the property. This is a chance to acquire a thriving gas station business with additional potential through rental income from the