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Business for Sale Summary

Local Gas Station for sale on Long Island - 34397

Business Type: convenience store,gasoline service station
Local Gas Station for sale on Long Island
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $550,000
Gross Revenues $2,896,000 Lease Remaining Register Free to View
Owner’s Cash Flow $192,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and

Business Description

This unbranded gas station, with a large convenience store, is situated at one of the busiest routes on Long Island. The business has 18 years lease. The store has lotto, beer, cigarettes, ATM, EBT, cigars, all the smoke shop items, coffee & breakfast, etc. The store does over $70,000 in gross sale a month; lotto makes $4500 a month in commission. Being an unbranded one, the profit margin on the gas is very high. The seller owns several businesses; has decided to sell it. Owns it for over 10 years. The seller's net cash flow, after paying all the expenses, is over $17,000 a month. Call Syed at 631-374-7686 for more information.

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.

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.