Financing: $450,000.00 Down and
Reason for Selling:100% absentee
A nationally-known famous branded gas station is situated in an overcrowded area in Queens. It is a self-serve gas station, with a well-run convenience store, which has lotto, beer, EBT, Western Union, ATM, cigarettes, plus many other items. Also has a self-serve car wash.Pumps over 100,000 gallons a month, with .22 profit margin on a gallon; also .16 cents difference between cash and credit at the pump. Store makes $65,000 a month in gross sale. Lotto earns $5,000 in commission a month. No security deposit with the oil company. Seller owns it for 10 years; owns many many businesses; finds it hard to run as an absentee. The best opportunity for a first time gas station buyer. Seller's net cash flow, after paying all the expenses, is $150,000 a month.
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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. |
