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This Business has been Sold!
Closing Date: 03/08/2021
Broker: Syed Ahmed
Business for Sale Summary

Branded Gas Station For Sale in Suffolk County, NY - 33056

Business Type: convenience store,gasoline service station
Sold
Branded Gas Station For Sale in Suffolk County, NY
On March 8th 2021, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx 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 $165,000 Down Payment $165,000
Gross Revenues $2,281,600 Lease Remaining Register Free to View
Owner’s Cash Flow $84,000 Number of FT Employees Register Free to View

Financing

$165,000 Down and

Business Description

This branded gas station is located on a busy road on Long Island. It has a very spacious convenience store which has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. The business sells a lot of beer, with a decent profit margin. Rent is $7600, with 10 years lease. The business sells 70,000 gallons a month; also sells diesel; seller's profit margin is .22 cents on a gallon. Seller has a personal issue, which is compelling him to sell this profitable gas station. A great opportunity; do not miss to buy it. Seller's net cash flow, after paying all the expenses, is $84,000 a year. Call the Broker 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.