Financing: $150,000.00 Down and 75k at 6% for 24 months to qualified buyers
Reason for Selling:personal
This branded gas station with a 30 year lease, is located on a very busy road that leads to a major highway on Long Island. It pumps over 70,000 gallons a month (before COVID19, it used to pump over 140,000 gallons a month), with a profit margin of .35 cents each gallon.
IMPORTANT- after 3.5 years the BP agreement ends, leaving this an unbranded gas station with open supply at that time. It has a spacious convenience store, which has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. It is a 100% absentee business;
The seller owns many businesses in Brooklyn; finds it hard to manage it. A great opportunity for a first time gas station buyer who himself will run it. The seller's net cash flow, after paying all the expenses, is over $8,000 a month. Call Syed at 631-374-7686 for more information.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.