Gas Station with Convenience Store in New York
Financial Details
- Asking Price:
- $290,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.9x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established, owner-absentee operated gas station located on a major road in New York, NY, with high daily traffic counts exceeding 20,000 vehicles. The business operates on a commission agent model, where the fuel company handles site maintenance, credit card fees, tank insurance, and testing, significantly reducing the operator's responsibilities and costs. The station pumps approximately 130,000 gallons per month with a net profit of $0.16 per gallon. Complementing the fuel sales is a modern 2,000 sq ft convenience store generating $55,000-$65,000 in monthly sales. The business boasts a healthy cash flow of $100,000 annually, including fuel rebates. The asking price is $290,000, representing a 3-time multiple of the seller's earnings. The property is under a PMPA lease that renews every three years, with a monthly rent of $15,000. The seller is relocating out of state, presenting a prime investment opportunity for buyers seeking a profitable, semi-passive business with verifiable financials.
Industry Information
- Industry Description:
- Gas Stations, Truck Stops, Petrol Stations
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2015
- Reason for Selling:
- Relocation
Real Estate & Lease
- Status:
- Lease
- Monthly Rent:
- $15,000 USD
Listing Details
- Listing ID:
- d8ef4723-76f3-4753-a7d5-b2c521721e48
- Deal Status:
- For Sale
- Date Posted:
- May 08, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD