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Business for Sale Summary

Absentee Operated Gas Station in New York - 35911

Business Type: absentee business,business with property available,convenience store,owner financing available,gasoline service station
Owner Financing
Absentee Operated Gas Station in New York
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $300,000
Gross Revenues $3,456,000 Lease Remaining Register Free to View
Owner’s Cash Flow $144,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and A note of $250,000 for 36 months at 10%

Business Description

A unbranded gas with property is located on one of the busiest routes in Long Island. It has a spacious store that offers lotto, beer, cigarettes, vapes, cigars, an ATM, coffee, breakfast, etc. The business also generates rental income as it has 2 apartments and another rental space. The business pumps over 70,000 gallons a month with a profit of .25 cents per gallons. The store does over $50,000 in gross sales a month, and lotto makes $2,000 a month in commission. A great opportunity to buy a business with property. The seller for business is asking for $550,000 but with property it is 3.5 million dollars. Both the business and property are included. It is 100% absentee. The seller is offering generous financing with 1.5 million as a down payment for the property. Call Syed at 631-374-7686 for more information.

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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.