Gas Station & C-Store - 24829 Business Type: 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 | $220,000 | Down Payment | $200,000 |
| Gross Revenues | $3,305,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $89,950 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and
Business Description
This branded gas station is located on one of the major highways on Long Island. The adjoining area is considered to be one of the richest neighborhoods on Long Island. The seller has owned it since 2001, and now, due to a personal reason, wants to sell it. The seller has many other businesses, so, being an absentee owner, he is unable to run the gas station. The gas station has a repair shop and a convenience store. The repair shop is being run by a mechanic for several years, who pays the seller $3800 as a rent. The store is equipped with lotto, beer, cigarettes, coffee & breakfast, etc. It is a self-serve gas station that pumps about 70,000 gallons a month. The store earns around $35000 in gross sales a month. Lotto makes $3500 a month in commission. There is also a price split between cash and credit at the pump. The seller's net cash flow, after paying all the expenses, is $7,000 a month. Call Syed at 631-374-7686 for more information.
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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