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This Business has been Sold!
Closing Date: 04/05/2022
Broker: Syed Ahmed
Business for Sale Summary

Busy Long Island Gas Station for sale - 34115

Business Type: convenience store,owner financing available,gasoline service station
Sold
Busy Long Island Gas Station for sale
On April 5th 2022, 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 $220,000 Down Payment $160,000
Gross Revenues $1,865,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$160,000 Down and $60,000 at 6% for 36 months.

Business Description

A branded gas station, with a 20 years lease, is situated at one of the busiest routes on Long Island. It has a spacious convenience store which has lotto, beer, cigarettes, vape, cigars, coffee & breakfast, etc. Rent is $7500. The interior is neat and clean; the shelves are well-kept. The seller has a family issue; willing to finance. A great opportunity for a first time gas station buyer. The seller's net cash flow, after paying all the bills, is over $7,000 a month. Call Syed at 631-374-7686 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 registration@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.