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Business for Sale Summary

Un-Branded Gas Station on Busy Road - 26288

Business Type: retailing businesses,convenience store,gasoline service station
Un-Branded Gas Station on Busy Road
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This business has received 106 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,100,000 Down Payment $2,100,000
Gross Revenues $3,652,400 Lease Remaining Register Free to View
Owner’s Cash Flow $194,500 Number of FT Employees Register Free to View

Financing

$2,100,000 Down and Negotiable

Business Description

This un-branded gas station is located on one of the busiest roads on Long Island. The owner is willing to sell property for an additional 2 million (through PMTG Realty). It is up to a buyer to decide whether he wants business or business with property. The store earns over $60,000 a month in gross sale and pumps nearly 100,000 gallons a month. The tanks were installed recently and are double-walled, and are made of fiber glass. The store is spacious and equipped with lotto, beer, cigarettes, coffee, breakfast, etc. The seller has owned the business for 13 years. Income is verifiable! The seller is willing to finance both for the business and the property. A new buyer doesn't have to get financing from a bank. The seller's net cash flow, after paying off all the expenses, is over $16,000 a month. The buyer will collect a rental income of $3500 a month from the repair shop. Proof of funds is a must, otherwise the seller will not meet with any buyer!

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.