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This Business has been Sold!
Closing Date: 07/01/2019
Broker: Syed Ahmed
Business for Sale Summary

Branded Gas Station in Queens County, NY - 30549

Business Type: gasoline service station
Sold
Branded Gas Station in Queens County, NY
On July 1st 2019, 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 $650,000 Down Payment $650,000
Gross Revenues $4,864,000 Lease Remaining Register Free to View
Owner’s Cash Flow $240,980 Number of FT Employees Register Free to View

Financing

$650,000 Down and

Business Description

This branded gas station is positioned at an extremely, extremely busy road in Queens. It pumps 150,000 gallons a month; it has a convenience store which grosses $80,000 a month. It is a self serve-gas station. Store is laced with beer, cigarettes, coffee & breakfast, etc. It has no lotto because of the seller's religious belief; adding lotto could bring a lot of revenues. It has 15 years lease. Seller owns it for 15 years, but now he wants to change the direction of his business's angle. A great great opportunity for a buyer who wants to own a gas station at one of the best locations. Seller's net cash flow, after deducting all the expenses, is over $20,000 a month. Call Syed at 1-877-735-5224 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 listingmanager@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.