Gas Auto Repair and Convenience Store - 15664
Business Type: auto/truck mechanical repair,convenience store,gasoline service station
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $290,000 | Down Payment | $290,000 |
| Gross Revenues | $4,162,200 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $153,442 | Number of FT Employees | Register Free to View |
Financing
$290,000 Down
Business Description
This nationally-known branded gas station is located at the corner of the four very busy roads, two of which lead to a busy shopping mall on Long Island. The business has three components: gas, a convenience store, and a repair shop. It pumps over 100,000 gallons a month; the store fetches $40,000 a month in gross sale, and the repair shop collects $ 40,000 a month in gross sales. All together, the business, after deducting all the expenses, makes $12,000 in net profits. All the income and the profit are openly verifiable, through documents. The owner, who himself is a mechanic, is willing to stay on the repair shop as a tenant, if a new buyer and the seller reaches to some terms and conditions. The pre-requisite to buy this business, is to attend a class, which will be arranged by the oil company. It is, undoubtedly, a very healthy business, and it guarantees a constant flow of cash for many years to come. The location is also extremely attractive. Don't skip up this once in a life time opportunity to buy this business!
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.
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