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Business for Sale Summary

Gas Station and Convenience Store for Sale in NY - 35844

Business Type: convenience store,gasoline service station
Gas Station and Convenience Store for Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $290,000 Down Payment $290,000
Gross Revenues $3,425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $101,000 Number of FT Employees Register Free to View

Financing

$290,000 Down and

Business Description

This branded gas station, along with a well-run convenience store, is located on one of the busiest routes in Long Island. Rent for the gas station is $8,000 per month, with a 15- year lease. The store offers amenities such as lotto, beer, cigarettes, cigars, ATM, smoke shop items, coffee & breakfast, etc. The business pumps 75,000 gallons per month with a 22 cents profit per gallon. it also sells diesel. The store generates $45,000 in gross sales per month and sells a significant amount of beer. Lotto earns $1800 in commission each month.The seller has a serious health issue and also commutes everyday and is not local. Due to his health, he finds it difficult to run the business. a great opportunity for a first time gas station buyer. After paying all the expenses, the seller's net cash flow is over $100,000 a year. Call Syed Ahmed at 631-374-7686 for more information.

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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.