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This Business has been Sold!
Closing Date: 06/10/2023
Broker: Syed Ahmed
Business for Sale Summary

Branded Gas Station for sale in NY - 34809

Business Type: convenience store,other business services,other food stores,gasoline service station
Sold
Branded Gas Station for sale in NY
On June 10th 2023, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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 $1,800,000 Down Payment $1,800,000
Gross Revenues $9,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $600,000 Number of FT Employees Register Free to View

Financing

$1,800,000 Down and

Business Description

This branded gas station, with a nationally-known retail franchise, is located on one of the busiest roads on Long Island. It pumps 200,000 gallons a month with a 0.20-cent profit margin on each gallon. This gas station business makes over 2.5 million a year in gross sales; lotto, too, is extremely busy. The business is 100% absentee-owned; the seller wants to shift to a different kind of business. The lease is for 25 years. A buyer must have a good credit history as he has to be approved by the retail franchise company. This is a once in a lifetime opportunity to buy this kind of business. Proof of funds is required. A top-of-the-line POS system. The seller's net cash flow, after paying all the expenses, is over $600,000 a year. Call Syed at 631-374-7686 for more information and the address.

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.