710 Merrick Rd
Lynbrook, NY 11563
Retail Property For Sale

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. Underground Storage Tanks (UST): (1) 12,000 gallon tank for Regular, (1) 6,000 gallon tank for Diesel, (1) 6,000 gallon tank for Super, all double wall fiberglass installed in 2013.