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Business for Sale Summary

Local Gas Station for sale on Long Island - 34491

Business Type: absentee business,convenience store,other business services,other food stores,seller financing available,gasoline service station
Owner Financing
Local Gas Station for sale on Long Island
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $350,000
Gross Revenues $3,608,000 Lease Remaining Register Free to View
Owner’s Cash Flow $182,000 Number of FT Employees Register Free to View


$350,000 Down and A note for $100,000 at 6% for 24 months

Business Description

A branded gas station with a convenience store is located on a busy road in Long Island. It is a neighborhood gas station. The convenience store has lotto, beer, cigarettes, cigars, coffee, breakfast, etc. The seller has owned it for several years and now wants to move into another kind of business. It is 100% absentee and willing to be financed. The gas station does over $70,000 a month in gross sales; lotto makes over $4,200 a month in commission. A long lease. The seller's net cash flow, after paying all the expenses, is over $180,000 a year. An excellent location; a rich neighborhood. 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.