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Business for Sale Summary

Name Brand Fuel Station for sale in Brooklyn - 34511

Business Type: convenience store,delicatessen/catering services,seller financing available,gasoline service station
Owner Financing
Name Brand Fuel Station for sale in Brooklyn
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Financial Information (non-confidential)

General Information
Asking Price $1,300,000 Down Payment $900,000
Gross Revenues $3,432,000 Lease Remaining Register Free to View
Owner’s Cash Flow $301,000 Number of FT Employees Register Free to View

Financing

$900,000 Down and a note of $400,000 at 6% for 36 months.

Business Description

A branded gas station(an option to convert into an unbranded one),with a convenience store and a deli, is located in the midst of a famous commercial zone in Brooklyn, NY. It pumps 100,000 gallons a month, with .45 cents profit margin on a gallon, and .96 cents profit margin on a gallon of diesel. Deli makes $5,000 through a rental income. The deli operator has no lease. A new buyer may take over the deli. The store is busy, but has no cigarettes, lotto and beer. A new buyer may add these items to boost the revenues. 100% absentee. The seller's financing is available. The seller owns the property; will give 20 years lease to a new buyer. A very attractive location; extremely busy neighborhood; seller financing is available. The seller's net cash flow, after paying all the expenses, is over $300,000 a year. Call Syed at 31-374-7686 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.