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Business for Sale Summary

Absentee Owned Gas Station for Sale in New York - 35912

Business Type: convenience store,owner financing available,gasoline service station
Owner Financing
Absentee Owned Gas Station for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $420,000 Down Payment $300,000
Gross Revenues $3,231,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and A Note of $120,000 for 36months at 10%

Business Description

A branded gas station with a spacious convenience store is situated in a heavily populated area on Long Island. The store is equipped with lotto, beer, cigarettes, an ATM, all smoke shop items, coffee, breakfast, etc. The store has excellent interior design. It is a typical neighborhood spot that caters to walk-in clientele. The store does over $50,000 a month in gross sales; lotto makes $4,000 in commission a month. It is 100% absentee-owned as the seller owns many businesses in several different states. Seller financing is available. After deducting all expenses, the seller's cash flow is over $120,000 per year. Call Syed 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.