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This Business has been Sold!
Closing Date: 03/05/2013
Broker: Syed Ahmed

Business for Sale Summary

Gas Station and Convenience Store - 19955

Business Type: convenience store,gasoline service station
Gas Station and Convenience Store
On March 5th 2013, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk 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 $375,000 Down Payment $375,000
Gross Revenues $6,269,000 Lease Remaining Register Free to View
Owner’s Cash Flow $146,830 Number of FT Employees Register Free to View


$375,000 Down and

Business Description

This un-branded gas station is located on one of the busiest roads on Long Island. As a matter of fact, the gas station is located on a road that leads to a major highway, so the traffic is consistent and busy. This self-serve gas station pumps 140,000 to 150,000 gallons a month. The seller, who also owns the property, has been running it for 30 years. The gas station has a C-store, but it has no lotto and beer. The gas station has three bays repair shop; the seller, by his own expenses, will give one bay to be a part of the store. Thus, a new buyer will have a bigger store amd his sales could quadruple by adding lotto and beer. Tanks are double-wall and new. The seller's net cash flow, after paying all the expenses, is $11,000 to $12,000 a month. This location carries a great opportunity for a first time gas station buyer. Call Syed at 631-374-7686 for the address. The seller is also particular about the proof of funds.

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.