9718 Olean Road, Machias, NY 14101

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 149,900.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available INQUIRE
Date Available 07/18/2017
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This property is a 2,224 square foot building, which consists of a convenience store, laundromat, and 2 gas pumping dispensers on one island. Property is situated on .48 acres of land (irregular shaped lot). Lot dimensions are 98' x 149'. The gas station trade name was formerly "Stop N' Gas" and the 2010 financials for the business are available. Please call the broker for more details. Sources of income for this business are from gasoline, the convenience store, lottery sales, ATM fees, and laundromat. Under the previous owner beer sales were $18,000 to $25,000 in sales monthly. A new buyer could have an additional income of more than $7,000/per month based on the previous owner's beer sales. Should be very minimal costs incurred to earn this amount based on the previous owners beer sales, thus whoever purchases the business and property should have additional income of approximately $7,000 per month. Current owner does not have a beer or liquor license, but previous owner of Stop N Gas had a beer and wine license.  Owner financing available to any qualified buyer at sellers discretion.  Machias, NY is located in Cattaraugus county, roughly one hour south of Buffalo, NY and 40 mins north of Olean, NY.