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Gas Station C - Store & Property
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $266000
Net Profit / Cash Flow $150000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Inventory 275000 Equipment Only
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The seller will remain after closing and supply a long term transitional period.
Reason for Sale Owner is relocating out of the area into an alternative location.
Description Independent Gas Station with C-Store and two bay garage which includes real estate and located in Northern New Jersey and Essex County. The fuel station is clean and modern and has been fully upgraded with new underground tanks and lines within the past few years. The business has two eight thousand double wall fiberglass tanks with new pumps and a full canopy. The sale includes a convenient store with all equipment, a 3 bay garage also fully equipment, two 8,000 gallon fuel tanks with all upgraded environmental equipment, POS including system and various equipment required for this particular industry. This business is located on an active county road in Essex County, New Jersey. Based on the asking price, required down payment and net income this business should supply a 35% return to the owner operator prior to debt service. The station is conveniently located off the garden state parkway and close to all major highways. The business produces a gross income of $266,000 based on fuel sales, C-Store, light repairs, U Hall, money grams and outside sales. Additional the business can offer pre owned auto sales which can further increase the bottom line income. The sale opportunity has been priced at fair market value and is an excellent opportunity. The facility consists of a 2,600 square feet building made up of a modern convenient store, three bay garages and an office. The building and facility has been fully upgraded over the past two years with a clean modern appearance.
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