Listing # 20011 – Property for Sale – Suffolk County

Property for Sale - Suffolk County

Property Information

Listing No.

20011 – Property for Sale – Suffolk County

Price

$3,700,000

Location

Suffolk, NY

Property Size

25,700 Sq. Ft. (.59 Acres)

Zoning

Commercial (BUS1) / Minimart (486)

Real Estate Taxes

$72,493 per Year

Tanks

(3) 10,000 gallon DWF tanks (2011), 10k Regular, 10k Super & 10k Diesel

Supply

Shell at rack +5, 9 years left

Business Included

Highlights

BBRE (Bill Blau Real Estate) has been retained to arrange for the sale of the property and business located on a corner property, It’s a Shell gas station, convenience store and car wash on a prime well-traveled road at a lighted intersection, right off the LIE. Station is open from 5 am to 11pm / 7 days per week. Station has 12 gasoline fueling positions and 4 diesel fueling positions, canopy, diesel, is self-serve and has two-tier pricing (14 cpg more for credit). The subject business does approximately 40,000 gallons per month at very high margins, gasoline at a $1.00 per gallon and diesel at $1.70 per gallon (37% Regular, 16% Plus, 15% Super & 32% diesel). Convenience store does approximately $35,000 per month. Lottery does approximately $60,000 per month. Car wash doing between $12,000 to $14,000 per month at a 75% margin (brand new RYCO car wash bought in 2021, 2 years left on warranty). Air/Vac doing approximately $1,100 per month net. ATM doing approximately $350 per month net. Currently being operated by an absentee owner, there is the potential to increase sales with an owner operator and can increase volume by working on a more competitive gas margin. Station being sold with a Shell supply contract at rack +5 from NY Fuels, 9 years left. Lot Size is ±25,700 Sq. Ft. (.59 Acres), Zoning is Commercial (BUS1) / Minimart (486), Underground Storage Tanks: (3) 10,000 gallon DWF tanks (2011), 10k Regular, 10k Super & 10k Diesel, and RE Taxes are ±$72,493 per year (2020/2021)


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Disclaimer


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.