449 Main Street, Yaphank, NY 11980

BP Gas station (no canopy) with C Store and Repair shop for sale on busy Road. This is currently an and enter landlord and PERFECT for someone who would want to run this station themselves!

After receiving the monthly rent from the Auto Repair shop which is leased for the next 17 years at $4,800 a month the net or effective rent is ONLY $2500 a month!!!

(monthly rent is $7800 plus $2000 a month for taxes = $9,800 from which $4800 rent from auto repair shop is subtracted as well as $2500 from current parking agreement which leaves net or remaining rent at only $2,500 a month for you to pay. Please note the lot has A LOT MORE potential space for parking and would be perfect for anyone who needs to park a lot of used cars or trucks with quick access to highways and with good visability.

Store sales are currently at approx 38,000-40,000 a month with a retainment factor of 35% based on invoices and strategic purchasing etc which means about 13k-14k a month profit after cost of goods. cigarette sales are less than 50% and at 15% profit as opposed to standard 10%.

Lotto commission is approx $375 a month and highly mismanaged. Atm/vacuum commission is approx $250/mo and credit cash price difference is approx $750 a month.

Gas sales are modest at approximately 25,000 gallons a month give or take but at nice margins with $22,800 gallons at .40 cents regular a gallon and .60 cents a gallon on super. Monthly income from gas roughly $10,000 plus a month. There is NO diesel. Same attendent for c-store also works full service at pumps.

Some of the expenses are payroll and taxes at $8,500/mo Approximately $1,590 a month for utilities - water sewer - internet- garbage pickup -PSEG combined. Insurances are about $900 a month.

This business nets approximately $10,000-11,000 a month easily.

It is 17 year lease to be assigned.

rent is $9800 (includes $2000 monthly property tax) minus $4800 minus $2500= net rent $2500/month as a Triple NET lease.

Refundable security deposit is 3 months rent

Refundable Gas deposit for BP is $40,000

Transfer/Assignment fee is $30,000

Key money is $199,000 neg.

A lot of potential with this one for sure. A new canopy can be purchased for approx $80,000-$90,000.

And as always- BROKERS are welcomed!!

Please ask for Khaleeque Rehman

917 855 0187

Thank You.