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BUSINESSES FOR SALE

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Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Gasoline Service Station

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $3243500
Net Profit / Cash Flow  $95580
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1991
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 was located on one of the busiest roads on Long Island. It has a convenience store, which is equipped with lotto, beer, cigarettes, ATM, coffee & breakfast, candies, etc. Rent is just $4800. Lease is for twenty-eight years. Tanks are double-walled, are made of fiber glass. A new buyer, after one year, will have an option to receive $140,000 from the oil company, if he is willing to use that company's name, otherwise he can convert the gas station into an un-branded one. The business also receives $2,000 a month as a rebate from the oil company. It is a self-serve gas station, requires just one employee to run the gas station. There is a split between cash and credit prices at the pumps. It pumps 70,000 gallons a month. Store makes $9,00 a day in the gross sales. The seller, who owns several businesses, is unable to run with his physical participation. Therefore, it is an absentee owner business. The seller's net cash flow, after paying all the expenses, is $7,000 a month. Location is excellent, excellent, and excellent. Don't miss it! Call Syed at 631-374-7686 for more information.
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