Branded gas and repair station western Nassau County

Listing Number: 121948-500906

Listing Details

Branded gas and repair station western Nassau County
Price: $599,000
Location: Nassau County, New York
  • Down Payment: $499,000
  • Sales: $5,000,000
  • Seller's Discretionary Earnings: $300,000
  • Inventory: $50,000
  • Furniture, Fixtures, and Equipment: $50,000
  • Rent: $13,500
  • Employees: 5
  • Year Established: 1995
  • Reason for Selling: owner wants to retire

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Business Listed By
Robert Wittenberg
President's Club

Business Description

Great opportunity to own this branded gas station and repair shop located in western Nassau county. Currently pumping between 90k-100k gallons per month with average profit between 13-23 cents. Total sales for gas are around 4m. The service portion of this business is doing around 750k per year. At this time there is no convenience store adding the ability for the new owner to add even more revenue. Owner does however sell cigarettes and is averaging around 100 cartons per week with a nice profit. This service station has an inspection license and has workers in place and ready for new owner. The owner also has another service station that he is willing to sell as a package to the right buyer. Owner looking to retire and will like to hear all offers but don't wait as this is a very well run and profitable business with a sellers discretionary earnings of around 350k per year.