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Business for Sale Summary

Unbranded Gas Station for Sale in New York - 36349

Business Type: convenience store,gasoline service station
Unbranded Gas Station for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $3,220,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and

Business Description

An unbranded gas station with a 1500 sq. ft. convenience store is located on a busy road on Long Island. The store is stocked with lotto, beer, cigarettes, CBD, all smoke shop items, coffee, and breakfast. It pumps 60,000 gallons a month with profit of .22 cents on each gallons. The business has sublet part of the area to a tire shop and a mechanic shop, collecting $3000, $3100, $600, and $350 monthly, respectively, reducing the rent to $8600 a month. Two partners own it and have developed a serious misunderstanding between them, hence they have decided to sell the business. The business has a 20-year lease. A great opportunity to buy this unbranded gas station with a well-run convenience store that does over $50,000 in gross sale a month. The lotto earns $3,000 a month in commission. After paying all the expenses, the seller's net cash flow is over $150,000 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.