Branded Gas Station for sale in NY - 34809 Business Type: convenience store,other business services,other food stores,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 | $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.
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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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