Local Branded Gas Station for sale in NY - 34381 Business Type: convenience store,owner financing available,gasoline service station
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $299,000 | Down Payment | $200,000 |
Gross Revenues | $3,960,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $125,000 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and $99,000 at 6% for 24 months
Business Description
A branded gas station, with a big convenience store, is situated at a busy road on Long Island. It pumps 120,000 gallons a month, with a 20 cents profit margin on a gallon. Sells diesel too. The store and its interior are in an excellent style. It has lotto, beer, cigarettes, ATM, cigars, coffee & breakfast, etc. Its monthly gross is over $36,000; lotto is also very well-run.Rent is $8250 a month , with a 17 years lease. Two partners own it, but now they have developed a serious conflict, and have decided to sell it. Willing to finance. An excellent opportunity for a new buyer to buy this profitable gas station . The seller's net cash flow, after paying all the expenses, is over $125,000 a 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.
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