Chevron service station with c-store business located on the corner lot with high visibility and traffic count. Property well maintained.
Business has been operating for over 10 years and has established clientele. Open 24 hours per day 7 days a week and has 4 employees.
Owner will train.
This independent gas station has 17 years left on a terrific assumable lease with very low rent! The rent is only $5200/mo. And more than $3,000 of that is covered by the rent from the mechanic's bays! The station is located on the main road of a mid-Suffolk north shore town's business district.
The station has 3 pumps with 2 hoses each, and pumps 65,000 gallons a month of gas and diesel. Don't let the number of gallons fool you! Because of their low net rent, they are actually netting more than larger stations pumping more gas!
They have 15 good commercial accounts including a bus company! The 700 sq. ft. convenience store and has been beautifully remodeled with new refrigeration units and a coffee station. The service bays are rented out on a monthly basis, so an owner who's also a mechanic has the option of taking over the service bays to add directly to the bottom line.
The double-walled fiberglass tanks are only 4 years old and totally up to code. The station has clean environmentals. The landlord is great and is willing to work with the owner to add a canopy.
This station is a MUST SEE for any serious buyer!
Franchise gas station with retail sales from small C store and a garage rental income of $55,440 per year and a net yearly income of $42,400 as an absentee owner.
The business sells 140,000 gallons of fuel monthly with a $.12 centers average pool margin. The business assets have an estimated value of $75,000 and the sale consists of a fully equipped gas station, which includes one island, two gas pumps, displays, shelving, POS system, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.
This business as an absentee owner has three employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll approximately $5,000.
The business has an assignable six-year commercial lease which expires September 31, 2022 plus additional options with a monthly rent of $9,020 and rent security $9,020.
The garage is rented with a five-year lease at a monthly rent of $4,700. The business is located is shared with an auto repair garage, in a free stranding facility which consists of 2,000 square feet has a capacity for approximately fifteen customers.
The Gas Station /Mart/ Smog Shop Business Is Located In A Busy Part Of Town.This is A Very Profitable Business Due To Having A Food Mart In Addition To The Rental Income From Smog Shop & Auto Care Shop.The Business Is Currently Operating Smoothly.
The Station Pumps 53,000 Gallons a month. The Gross Income is $351,000 Per Year.
The Base Rent Is $5,500 Per Month With $140 NNN.
The Rental Income From Auto Care Shop is $4,500
The Rental Income From Smog Shop is $2,500
The Income From Food Mart Is $9,000
* The Owner Is Looking to Retire *