Gas Station & C-Store For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $75000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Inventory $70,000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller & franchisor will supply a full transitional period to the new operator and will remain post closing for sixty days.
Reason for Sale As an absentee, the owner cannot devote the required time to this business.
Description Luk Oil Gas Station, C-Store and two bays available in Northern NJ, Passaic County. This Profitable Station has additional income from Parking, ATM, outside sales and approved for Lotto. This franchise gas station is a consistent money maker with a gross income of $250,000 and a dependable yearly net income. The Station has a full canopy with two MPD s and three 10,000 tanks which is the responsibility of the franchisor. This corner property consists of 10,000 square feet with a 1,800 square foot building and a huge parking area. The franchise offers full training; ongoing support and the present seller will remain post closing for a full transition. The present owner is absentee, involved in an alternative business and cannot appropriately maintain this business location. Based on the asking price, required down payment and net income this business will supply a 20% return to the owner operator prior to debt service. This business is a solid opportunity and is priced to sell. The facility consists of 1,800 square feet with a full modern C-Store, two bay garages, a private office and lots of storage. This free standing Gas Station has been fully upgraded with a clean modern image.
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