Busy Gas Station, High Traffic, Prime Location.
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Asking Price
$250,000
Detailed Information
Babylon, New York, US
Not Provided
NA
Business Description
This branded gas station, located on a busy main road in a highly populated area, presents a great opportunity due to its prime location with no direct competitors nearby. The station boasts significant daily traffic with over 85,000 vehicles passing by regularly. The convenience store, spanning 1800 square feet, offers a variety of items including a coffee island, food options, and necessary displays. With monthly sales exceeding $40,000, there is potential for growth by adding popular franchise options like Dunkin' Donuts or Subway. The station features 6 gas pumps, 2 diesel pumps, and four 6000-gallon fiberglass tanks, all meeting current regulations. Generating additional revenue streams, the station earns commissions from Lotto, as well as profits from ATM, air, and vacuum services. With solid profit margins ranging from 25 to 30 cents per gallon, the gas station facilitates an average of 78,000 gallons in monthly sales. The lease still has 12 years remaining, but the