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This Business has been Sold!
Broker: Syed Ahmed

Business for Sale Summary

Nationally Known Gas Station - 27108

Business Type: retailing businesses,gasoline service station,special situations,new to market,seller financing available,convenience store
Sold
Nationally Known Gas Station
On , 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 $199,000 Down Payment $199,000
Gross Revenues $3,039,500 Lease Remaining Register Free to View
Owner’s Cash Flow $120,150 Number of FT Employees Register Free to View

Financing

$199,000 Down and

Business Description

This nationally-known branded gas station is located at one of the busiest roads in queens. It is a self-serve gas station; sells diesel too. It has a very spacious convenience store, which is laced with lotto, beer, cigarettes, ATM, breakfast & coffee, etc. It is a 100% absentee owner operation; seller has a full- time job at a bank, and also lives sixty miles away from the gas station. So, he is unable to supervise it; many a times he does not visit the gas station for months. Its store makes $60,0000 to $70,000 a month in gross sales. It pumps 75,000 gallons a month. Seller is willing to finance. Seller's net cash flow, after paying all the expenses, is $11,000 a month. The gas station is at a great location. 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.