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This Business has been Sold!
Closing Date: 06/01/2011
Broker: Syed Ahmed

Business for Sale Summary

Unbranded Gas Station and Convenience Store - 16583

Business Type: retailing businesses,convenience store,gasoline service station
Unbranded Gas Station and Convenience Store
On June 1st 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 $375,000 Down Payment $375,000
Gross Revenues $2,434,600 Lease Remaining Register Free to View
Owner’s Cash Flow $141,186 Number of FT Employees Register Free to View


$375,000 Down and

Business Description

This unbranded-gas station is located on one of the busiest roads on Long Island. The gas station has a C- store, which is equipped with lotto, beer, cigarettes, ATM, coffee, etc. The owner says that only the sale of diesel is more than enough to pay his monthly rent. The gas station also facilitates the sales of the used cars on its premises, which easily meets some of its expenses. The convenience store fetches $45,000 a month in gross sales. Being an un-branded one, and also the price splits at the pumps, between cash and credit, the business sells gas on .25 cents on profit margin. It is a self-serve gas station, and is being run as an absentee owner. No deposit is required by a new buyer to buy his first load of gas. A note of caution: the seller must see proof of funds from a new buyer! Don't skip up this un-branded, easy to run, and an absentee owner gas station! Call Syed at 631-265-7300 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.