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Gas Station For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $3316498
Net Profit / Cash Flow $89293
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 6 - 9
Inventory 125000 Equipment only
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale Retiring after thirty successful years in this particular industry.
Description High Volume Sunoco franchise gas station located in Northern New Jersey, Essex County. The owner has elected to sell after thirty years in business at this particular location. The business pumps 1,040,000 gallons yearly with $.20 cents as an average pool margin. The business also average $295,000 yearly in auto repairs representing a substantial net income to
the owner operator. Sunoco is a national wholesaler of gasoline and is rated number 2 in the United States. The sale includes a fully turnkey operation, with multiple pumps, various underground takes which the franchisor is
responsible and various high capacity built in equipment. The site has private parking on site for twelve vehicles as part of the lease agreement. The business is operational seven days per week with hours from 6:00 am to 11:00 pm. The business has a municipal license to conduct business and is franchised approved. Sunoco will supply a franchise agreement plus a
long lease and a monthly rent of $10,000. The business has a full staff of experienced employees who are unaware of the pending sale and expected to remain post closing. The facility has been approved by Sunoco Corp for conversion to a Convenience store which can further improve the business
income. The seller has price the business aggressively and will supply financing to a motivated qualified buyer. Please call for further details of sale.
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