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This Business has been Sold!
Closing Date: 06/25/2015
Broker: Amit Desai
Business for Sale Summary

Absentee Profitable Gas & Conv. store - 26634

Business Type: car wash,convenience store,gasoline service station
Sold
Absentee Profitable Gas & Conv. store
On June 25th 2015, The Undersigned
Acted as the Advisor to the Deal
Amit Desai
Amit Desai Senior Broker
Servicing: All of CT
All of MA
All of NJ
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.

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $1,100,968 Lease Remaining Register Free to View
Owner’s Cash Flow $109,945 Number of FT Employees Register Free to View

Financing

$199,000 Down and Inventory to be financed to a qualified buyer

Business Description

Very Profitable absentee gas station with high volume convenience store, high margin gas station with touch less automatic car wash...all at very reasonable price from honest & motivated seller!! New camera system, shelves and counters. High customer count and strong lotto commission also. 12 years experienced manger willing to stay for new owners if needed. Cigarettes sold higher than state minimum and good profit margin in all other items also. All the maintenance is taken care by the landlord except small items like nozzle on the pump. Other income includes: $54,000 Lottery commission, $7000 ATM commission, $20172 carwash profits with 450K in gallons annually. All the figures are verifiable. Cash & credit has different price at the pump that takes care of credit card fees.

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.