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Business for Sale Summary

Established Gas Station in Herkimer County, NY - 31261

Business Type: retailing businesses,convenience store,delicatessen/catering services,general merchandise store,other eating & drinking places,other food stores,special situations,business with property available,new to market,seller financing available,gasoline service station
Owner Financing
Established Gas Station in Herkimer County, NY
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This business has received 17 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,379,000 Down Payment $700,000
Gross Revenues $1,804,293 Lease Remaining Register Free to View
Owner’s Cash Flow $136,077 Number of FT Employees Register Free to View

Financing

$700,000 Down and

Business Description

This branded gas station, with property, located at a very busy route in Herkimer County, in New York. Seller will help a new buyer in getting financing. Property tax is $14965 a year. Lot size is 3.30 acres. Tanks are double-wall, with fiber glass. It has an extremely spacious convenience store, with a state-of-the art kitchen, which has lotto, beer, cigarettes, EBT, pizza, sandwiches, breakfast & lunch, etc. Seller is also willing to offer an open gas supply agreement. The gas station is a part of a heavily-crowded local community; the local residents use it for their daily needs. Buying business with property is always wise and prudent, as the mortgage payments build equity over the years. Seller's net cash flow is over $136,077 a year. Call Syed at 631-374-7686 for more information.

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.