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Business for Sale Summary

Lucrative Gas Station For Sale in NY - 35526

Business Type: absentee business,convenience store,gasoline service station
Lucrative Gas Station For Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $890,000 Down Payment $890,000
Gross Revenues $4,345,000 Lease Remaining Register Free to View
Owner’s Cash Flow $280,000 Number of FT Employees Register Free to View

Financing

$890,000 Down and

Business Description

If you're looking for a profitable business in Queens, NY, this branded gas station with a spacious convenience store is a must-see. Located on a bustling road with high volume traffic, the gas station pumps over 130,000 gallons a month with a .35 cents profit margin on each gallon. The convenience store offers a range of products, including lotto, beer, electronic cigarettes, vapes, ATM, coffee, breakfast, and more, making over $60,000 in gross sales a month. Lotto earns over $2800 a month in commission. With a lease for 25 years, this business is in a prime location and perfect for those looking for a long-term investment. The seller is 100% absentee as they have a full-time job. Despite being hands-off, after paying all expenses, the seller's net cash flow is $280,000 a year. This business has everything you need to succeed, including a great location, long lease, and being 100% absentee. Don't miss out on this opportunity. Contact the broker, Syed Ahmed, at 631-374-7686 for more information and to schedule a viewing.

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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.