Gasoline & Convenience Store For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $4650000
Net Profit / Cash Flow $69160
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1976
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 This branded gas station is located on one of the busiest roads on Long Island. The gas station has a 3000 sq.ft. C-store, which is laced with lotto, beer, ATM, cigarettes, coffee & breakfast, etc. The store has enough space to bring any food franchise to increase the revenues. There are two partners: a Korean and another from Afghanistan, who just can't get along well with each other. Both are extremely desperate to sell their business, so they could get out of this odd partnership. It pumps 90,000 to 110,000 gallons a month. The tanks are double-walled, and made of fibre glass. The store earns $30,000 to $40,000 a month in the gross sales. It is a self-serve gas station, which means one needs just one employee at a time, to run the gas station. As both the partners want to terminate their partnership, they are willing to negotiate over the asking price even at a deep discount. It is a 100% absentee owner business. The sellers' cash flow, even not being at the station, is between $5,000 to $6,000 a month. Don't, don't and don't miss this great business opportunity, which is at one of the best locations on Long Island. Call Syed at 631-374-7686 for address and more information.
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