Independent Gas Station
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $375000
Net Profit / Cash Flow $90000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 1 - 3
Inventory 225000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The seller will remain after closing and supply an appropriate transitional period.
Reason for Sale Retiring after many years of success in this particular industry.
Description Independent gas station with real estate, repair bays and C-Store located in Northern New Jersey in Essex County. The business sells approximately 1,000,000 gallons of fuel yearly with a substantial pool margin to the owner operator. The facility also has three bays which are presently rented without a lease. The facility has a canopy and four MPD s for customer convenience. The business is a corner property on an active county road close to the Garden State Parkway. The business has this is a solid business and an excellent opportunity, a must to see to fully appreciate. Based on the asking price, required down payment and net income this business should supply a 10% return to the owner operator prior to debt service. The facility consists of a 2,600 square feet structure with a large office, three bay garages on a corner property with lots of private parking. The facility has a large rear area for storage and shelving. This business is located in Essex County, New Jersey on an active county road close to the Garden State Highway and various major state highways. The service station has an excellent location and services various communities in the general area.
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