Busy Gas Station In Great Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $3961000
Net Profit / Cash Flow $120480
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
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 un-branded gas station is located on one of the busiest roads on Long Island. The gas station lies right at the corner of four roads, which are abounded with heavy traffic, throughout the day.The gas station pumps 80,000 to 90,000 gallons a month, and the store collects $60,000 in gross sale, a month. At the pumps, there is a difference 0f.10 cents between cash and credit. It has lotto, cigarettes, cigars, pre-paid calling cards, candies, coffee,but no beer. The owner, due to his religious belief, doesn't want to sell beer; a great opportunity for a new buyer to add beer, and thus can increase the sale of the store. The seller owns the business for ten years; he has another business, which is consuming a lot of his time; therefore, he has decided to sell the business. The seller is willing to finance, in a limited way. The seller owns the property; a new buyer will get a lease for four years, and then after that, the seller will renogiate the lease, and a buyer would get the lease extended, even for thirty years. Rent for the gas station and the store $5,000 a month, including taxes. Owner's cash flow, excluding all the expenses, is $120,000 a year, which is verifiable by the papers.Seeing is believing: see the location and then you would love to own this business!
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