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Business for Sale Summary

Gasoline Service Station - 20746

Business Type: retailing businesses,convenience store,gasoline service station,general merchandise store,other food stores,supermarket
Gasoline Service Station
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Financial Information (non-confidential)

General Information
Asking Price $330,000 Down Payment $250,000
Gross Revenues $2,792,000 Lease Remaining Register Free to View
Owner’s Cash Flow $121,520 Number of FT Employees Register Free to View

Financing

$250,000 Down and 70k @ 7% over 36 months

Business Description

This branded gas station is located on one of the busiest roads, in Long Island; the same road leads to an entry point of one of the major highways in Long Island. It has a spacious convenience store, which has lotto, beer, cigarettes & cigars, calling cards, ATM, coffee & breakfast. The store earns $2300 a day, in gross sales. Rent is just $5900 a month. No class is required by the oil company. The seller has owned it for over ten years. The seller has established another business, which consumes a lot of his time; that's why the seller wants to sell this business. The seller's net cash flow, after paying all the expenses, is $9,000 to $10,000 a month. These numbers can be verified. The seller is willing to hold a note against a collateral. The business is at an excellent location; a great opportunity for the members of a family. 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.