Financing: $540,000.00 Down and TBD
Reason for Selling:The partners have disagreement over running the business.
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 firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.