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Business for Sale

Popular Gas Station
Suffolk County, NY

Listing #23058

   
Financial Information (non-confidential)
Asking Price $750,000.00 Gross Revenues $8,225,000.00
Down Payment $750,000.00 Owner’s Cash Flow $270,700.00

Financing: $750,000.00 Down and TBD

Reason for Selling:Personal

This branded gas station is located on one of the busiest roads on Long Island. The seller has owned it for twenty-five years. It pumps 150,000 gallons a month; the store makes $90,000 to $110,000 a month, in the gross sales. The lotto gets $45,000 a year in commission. It also has a two-bays repair shop, which earns $25,000 a month in the gross sales. Even ATM machine secures $1500 a month in commission. It is considered to be the busiest gas station in the area. The oil company is also willing to sell the property. The store is equipped with lotto, beer, cigarettes, coffee & breakfast, etc. The seller's net cash, after paying all the expenses, is over $260,000 a year. Call Syed at 631-265-7300 for the address and for more information. Proof of funds is a must.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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