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This Business has been Sold!
Closing Date: 11/22/2021
Broker: Syed Ahmed
Business for Sale Summary

Unbranded Gas Station & Market for sale in NY - 34256

Business Type: convenience store,gasoline service station
Sold
Unbranded Gas Station & Market for sale in NY
On November 22nd 2021, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $160,000 Down Payment $160,000
Gross Revenues $1,908,000 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View

Financing

$160,000 Down and

Business Description

An unbranded gas station, with 20 years lease, along with a spacious convenience store, plus an apartment for an employee, is located on a very busy road on Long Island. Rent is $5500 a month. The gas station pumps 60,000 gallons a month, with a .30 cents profit margin on a gallon. Two ladies own it, but they have developed a serious disagreement and have decided to sell it. The store is well-equipped with all kinds of stocks, including a smoke shop. The store has beer, cigarettes, cigars, coffee & breakfast, etc. The seller's net cash flow, after paying all the bills, is $70,000 a year. Do not miss this great business opportunity. Call Syed at 631-374-7686 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.