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Business for Sale Summary

Profitable Gas Franchise for sale in Long Island - 34097

Business Type: convenience store,seller financing available,gasoline service station
Owner Financing
Profitable Gas Franchise for sale in Long Island
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $350,000
Gross Revenues $1,965,000 Lease Remaining Register Free to View
Owner’s Cash Flow $264,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $200,000 financed at 6% for 36 months to a qualified buyer

Business Description

A branded gas station located on an extremely busy road on Long Island, is now available. It has a spacious and a very impressive-looking convenience store which makes $125,000 in gross sale a month. It pumps 120,000 gallons a month; holds a 10 years lease. A dispute within the family is forcing the seller to sell the business. The store holds an excellent smoke shop within the store. Great location and a very profitable business. The seller is willing to finance. The down payment includes the gas deposit and the rent deposit: over $90,000. The seller's net cash flow, after paying all the bills, is $22, 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 registration@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.