Financing: $200,000.00 Down and
Reason for Selling:personal reason
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.
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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. |
