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This Business has been Sold!
Closing Date: 11/23/2011
Broker: Syed Ahmed

Business for Sale Summary

Gasoline Service Station - 20270

Business Type: retailing businesses,convenience store,gasoline service station,general merchandise store,other eating & drinking places
Sold
Gasoline Service Station
On November 23rd 2011, 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 $150,000 Down Payment $70,000
Gross Revenues $4,730,000 Lease Remaining Register Free to View
Owner’s Cash Flow $67,700 Number of FT Employees Register Free to View

Financing

$70,000 Down and negotiable

Business Description

This branded-gas station is located on one of the major highways, on Long Island. It has a nicely-decorated convenience store, which has lotto, beer, cigarettes, coffee,etc. During Monday through Frinday, the store earns $2,000 in gross sale a day, but over the weekened, the sale goes over $3,000 in gross sale a day. It pumps between 3,000 to 3,500 gallons a day. Interior is excellent, with each shelf is fully equipped with different kinds of merchandises. A lady, her husband, her brother, and her father were running the business, as a team, very successfully, but all her male members had to leave abroad. Now the lady alone is running the business. Along with two small children, she finds it hard to run the business. She also wants to join her husband, so she must sell this business; therefore, she is willing to hold a note. An excellent opportunity for a first time gas station buyer! It is a self-serve gas station, so one needs one employee, at a time, to operate the gas station. The seller's net, after paying all the expenses, is between $5,000 to $6,000 a month. Call Syed at 631-374-7686 for more information.

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.