Unbranded Gas Station w C-Store for sale in NY - 35216 Business Type: convenience store,owner financing available,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 | $175,000 | Down Payment | $140,000 |
| Gross Revenues | $1,905,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $85,000 | Number of FT Employees | Register Free to View |
Financing
$140,000 Down and $35,000 at 7% for 24 months
Business Description
Now for sale: here is an unbranded gas station, with an 18 year lease, along with a spacious convenience store, plus an apartment for an employee. The business is located on a very busy road on Long Island. Rent is $4200 a month. The gas station pumps 50,000 gallons a month, with .35 cents profit margin on each gallon. The store is neat and clean, and nicely-decorated, and sells beer, has ATM, cigarettes, coffee & breakfast, etc. Two partners own it, but have developed a serious disagreement, so they have decided to sell it. Seller financing is available. The seller's net cash flow, after paying all the expenses, is $85,000 a year. Call Syed at 631-374-7686 for more information. There is an apartment for an employee to live in. The basement is spacious and can also be converted into an apartment to increase revenue.
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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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