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Business for Sale Summary

Absentee Business - Gas Station for Sale in NY - 35274

Business Type: absentee business,convenience store,misc. retail/non-classifiable,other business services,other food stores,seller financing available,gasoline service station
Owner Financing
Absentee Business - Gas Station for Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $220,000 Down Payment $150,000
Gross Revenues $2,876,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and A note of $70,000 at 7% for 36 months.

Business Description

An unbranded gas station with a spacious convenience store is located on one of the major highways on Long Island. It pumps 80,000 gallons a month with a 0.35 cent profit margin on a gallon; the store has lotto, beer, cigarettes, an ATM, a vacuum and air pump, coffee and breakfast, etc. Its gross sales are $45,000 a month. Lotto makes $1500 in commission a month. 100% absentee; the seller wants to move to up-state. Seller financing is available. This is an excellent opportunity for a first-time gas station buyer. The seller's net cash flow, after paying all the expenses, is $85,000 a year. Call Syed at 631-374-7686 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.