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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Unbranded Gas, C - Store And Subleased Repair

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $298644
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1982
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  Unbranded Gas, C-Store and Subleased Repair. This is a long established, full serve gas station in a very affluent and high traffic location on the North Shore of Suffolk County. It is located on a very busy corner. It operates 7 days from 6am - midnight. There is one employee there from 6am - 8am, 2 employees from 8am - 10pm and 1 employee from 10pm to close. They have a strong 17.5 year lease with only 2% yearly increases. They pump an average of 140,000 gallons per month with an average Net Profit of .25 cents per gallon (after CC and Tax). The station has 3 pumps (6 fueling stations). The c-store sells everything from LOTTO and beer to very basic items such as cigarettes, soda, candy and coffee. In the past 12 months the c-store alone grossed approx. $40K/mth. The total Net Income to the owner in the past 12 months was approx. $298,644.00 ( that includes Gas Profit (incl. Diesel), C-Store Profit, Cigs., ATM, Air and Vacuum). The 2 bay repair has a subleased tenant at a rent of $3K mth. with 2 years remaining on their lease. The tanks were replaced just 3 years ago. Please keep in mind that there is approx. $75K in additional inventory and deposits above the asking price. Buyers will be asked to provide at least $675K in Proof of Funds before particular details will be released. Call Mel Vaz today to learn more at 631-909-1095. This is truly a unique station that will not last.
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