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This Business has been Sold!
Closing Date: 09/27/2023
Broker: Syed Ahmed
Business for Sale Summary

Branded Gas Station in Suffolk County - 32996

Business Type: absentee business,convenience store,owner financing available,gasoline service station
Sold
Branded Gas Station in Suffolk County
On September 27th 2023, 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 $699,000 Down Payment $500,000
Gross Revenues $3,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $255,455 Number of FT Employees Register Free to View

Financing

$500,000 Down and Financing balance plus inventory and fees.

Business Description

Long Established Branded Self Service Gas Station. Open 24/7 - Extremely profitable gas, diesel and convenience store. C-store works on a full 40 percent profit including tobacco. Store sales $750,000 - reg gas pumps 53,000 monthly profit 20 cents mid grade and premium pumps 9,000 gallons net profit 81 cents diesel pumps 23,000 gallons monthly nets 71 cents. Lotto net for 2019, $22,000 vacuum & ATM net $10,800 rebates $2200 monthly. 17 YEAR LEASE**** C-STORE HAS LOTS OF ROOM FOR GROWTH. Buyer can add donuts,sandwiches, salads,more inventory or Dunkin donuts bring your ideas!!! SOLID MONEY MAKER! Verifiable Numbers ; should qualify for a loan. Buyer will need $30,000 for inventory, a $30k gas deposit plus 2 months rent. Buyer should have $75k in addition to the asking price. Huge station 6 pumps full canopy easy access for trucks and trailers for diesel - must see - call Broker Please: qualified buyers only! Seller will train staff in place. Seller works 50 hrs per week at Triple AAA Station !!!!!! No repairs gas and c-store Money MAKER!!!

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.