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Business for Sale Summary

Unbranded Gas & Auto Shop for sale in NY - 34148

Business Type: auto repair,business with property available,seller financing available,gasoline service station
Owner Financing
Unbranded Gas & Auto Shop for sale in NY
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $900,000 Down Payment $500,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $110,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and $400,000 financed at 4% for 120 months to a qualified buyer

Business Description

This unbranded gas station, with a repair shop, is situated on a very busy road on Long Island. The seller has owned it since 1978. He wants to sell with property and will hold a mortgage too. The gas station has double wall tanks. An excellent opportunity for a buyer who has the experience to rebuild the gas station into a new one. The total price for the business and property is $900,000. The seller will accept $500,000 as a downpayment; for the balance, he will hold a mortgage. Property is being sold through PMTG Realty. One should not miss this business opportunity: an unbranded gas station with property. A buyer must show a proof of funds. 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.