BBRE (Bill Blau Real Estate) has been retained to arrange for the sale of the property and business at 710 Merrick Road, a corner Gulf gas station and convenience store on a prime well-traveled road at a lighted intersection situated at the corner of Merrick Road (a major thoroughfare on LI) and Horton Avenue in Lynbrook which was upgraded several years ago, including new pumps. Pumps are EMV compliance. Station is open 24 hours per day / 7 days per week.
The subject business does approximately 130,000 gallons per month at a 30 to 40 cpg margin. Convenience store does approximately $70,000 per month at a 32% margin. Lottery does approximately $120,000 per month at a 6% margin. Currently being operated by an absentee owner, there is the potential to increase sales with an owner operator
Station being sold with no supply contract (Open Supply), brand it any brand and free of tenant.
In order to see full financials and the address you must first complete the Online Confidentiality Agreement. Once we receive your completed form we will then email you the complete listings.
Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer. All information has been provided by the seller and needs to be re-verified by the buyer. Bill Blau Real Estate & Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.