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This Business has been Sold!
Closing Date: 04/25/2019
Broker: Syed Ahmed
Business for Sale Summary

Branded Gas in Great Location in Suffolk - 31809

Business Type: convenience store,gasoline service station
Sold
Branded Gas in Great Location in Suffolk
On April 25th 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 $750,000 Down Payment $750,000
Gross Revenues $5,412,000 Lease Remaining Register Free to View
Owner’s Cash Flow $185,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and

Business Description

This branded gas station is located at a great, great location on Long Island. It is a self-serve gas station. It pumps 160,000 to 180,000 gallons a month; store makes Over $70,000 in gross sale a month. The store is extremely beautiful and attractive. It has lotto, beer, ATM, cigarettes, coffee & breakfast, etc. ATM makes $1000 a month in commission. Lease is for 20 years, with an option to buy property after 10 years. Rent is $ 11500. Seller has a serious domestic issue, which is forcing him to sell the business. Interior and exterior are awesome. Seller's net cash flow is about $16,000 a month. It is a must buy gas station. 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.