Branded Gas Station in Queens County - 32109 Business Type: convenience store,gasoline service station
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $450,000 | Down Payment | $450,000 |
Gross Revenues | $3,540,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $150,000 | Number of FT Employees | Register Free to View |
Financing
$450,000 Down and
Business Description
A nationally-known famous branded gas station is situated in an overcrowded area in Queens. It is a self-serve gas station, with a well-run convenience store, which has lotto, beer, EBT, Western Union, ATM, cigarettes, plus many other items. Also has a self-serve car wash.Pumps over 100,000 gallons a month, with .22 profit margin on a gallon; also .16 cents difference between cash and credit at the pump. Store makes $65,000 a month in gross sale. Lotto earns $5,000 in commission a month. No security deposit with the oil company. Seller owns it for 10 years; owns many many businesses; finds it hard to run as an absentee. The best opportunity for a first time gas station buyer. Seller's net cash flow, after paying all the expenses, is $150,000 a month. 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.
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