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This Business has been Sold!
Closing Date: 07/15/2016
Broker: Syed Ahmed

Business for Sale Summary

Branded Gas Station - 27997

Business Type: retailing businesses,gasoline service station
Sold
Branded Gas Station
On July 15th 2016, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $575,000 Down Payment $575,000
Gross Revenues $2,525,000 Lease Remaining Register Free to View
Owner’s Cash Flow $304,350 Number of FT Employees Register Free to View

Financing

$575,000 Down and

Business Description

This branded gas station is located on one of the busiest roads on long Island. It is a self-serve gas station. It has a convenience store which has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. It pumps around 100,000 gallons a month, out of which 50% goes to the sale of diesel, which gives . 50 to .60 cents profit margin on each gallon. store's gross sale is around $40,000 a month. Rent is just $75,000, with a long lease. Seller wants to leave the gas station business for good as he got a full time job, which is hindering him in running the gas station. Seller's net cash flow, after paying all the expenses, is over $25,000 a month. Proof of fund is a must; seller does not want to hold a note. Call 1-877-735-5224 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.