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Business for Sale Summary

Gasoline Service Station & C-Store - 25855

Business Type: retailing businesses,convenience store,gasoline service station,special situations,absentee business,new to market
Gasoline Service Station & C-Store
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Financial Information (non-confidential)

General Information
Asking Price $590,000 Down Payment $590,000
Gross Revenues $5,089,000 Lease Remaining Register Free to View
Owner’s Cash Flow $162,650 Number of FT Employees Register Free to View

Financing

$590,000 Down and TBD

Business Description

This branded gas station is located on one of the busiest roads in Queens. It is at the intersections of two busy roads. It also has a nicely built convenience store, which is equipped with lotto, cigarettes, coffee & breakfast, etc. It has no beer, but a new buyer can add it to boost the revenues. It also has a repair shop, which on a contract basis, runs by a mechanic, who pays $12,000 a month to the seller. It pumps over 110,000 gallons a month; the store makes $75,000 a month in gross sales. There are three partners, but now they are not getting along well, so they want to sell it. The seller's net cash flow, after paying all the expenses, is over $13,000 a month. It is an absentee owner business. The business is at a great location; an excellent opportunity for one family and its members.

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.