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This Business has been Sold!
Closing Date: 08/08/2011
Broker: Syed Ahmed

Business for Sale Summary

Un branded Gas Station in Busy Location - 17634

Business Type: retailing businesses,convenience store,gasoline service station
Sold
Un branded Gas Station in Busy Location
On August 8th 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 $55,000 Down Payment $35,000
Gross Revenues $2,605,500 Lease Remaining Register Free to View
Owner’s Cash Flow $64,830 Number of FT Employees Register Free to View

Financing

$35,000 Down and Negotiable

Business Description

This un-branded gas station is located on one of the busiest roads on Long Island. The owners had bought it in March, and now they have released that it would be difficult for them to run it. There are some peculiar circumstance that do not enable them to run it. They are willing to sell at much lower price than they had paid for. They are selling it for $55,000, and are willing to finance so as to get out of it. It pumps 80,000 gallons a month, with .20 cents profit margin on a gallon. It also has a decent-size convenience store, with everything in it, but no lotto and beer. Rent is just $4400 a month, with a long lease; has a canopy, too. One will never find a well-run un-branded gas station at such reasonable price. Call Syed at 631-374-7686 for more information. Or, e-mail him at sahmed@vestedbb.com.

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.