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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: seller financing available,special situations,best deals!,new to market,retailing businesses,convenience store,gasoline service station

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Non-Confidencial Financial Infomation

  • Asking Price

    $139,000.00

  • Gross Revenues

    $287,558.00

  • Financing

    $ 90,000.00 Down and $49K over 3 yrs. @ 6%

  • Owner's Cash Flow

    $52,217.00

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Business Description

Branded Gas & C-Store. Great for an owner/operator. This full-serve station is located on a very busy road on the South Shore of Suffolk County. They have a phenomenal lease, 20 years (10 years, plus a 10 year option). They have brand new tanks and pumps. They average 90,000 gallons pumped in the Summer and 70,000 gallons in the Winter with an average Net Profit of .14/gallon. The station has 3 fueling stations and 6 pumps, but no canopy. There is also a small c-store that has average sales of $35,000 per month in the Summer and $17,000 in the Winter. There is a beer license. There is additional revenue from ATM, Air and Vacuum and LOTTO. In 2011, the owner had a cash flow of approx. $52,217 running this station on a part-time to absentee basis. The owner is selling because he has an opportunity to get involved with another full time business. Please keep in mind that there is approx. $55K in additional inventory and deposits above the asking price. Buyers will be asked to provide at least $140K in Proof of Funds before meeting the seller. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.

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