Gas Station & Convenience Store
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $3312000
Net Profit / Cash Flow $295000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks
Reason for Sale Too many businesses
Description This is a branded Gas with 3300 S.F Convenience Store located on busy road. It's 6 MPDs pump approximately 60,000 gallons per month with an average pool margin approximately 25 cents per gallon and 8,000 gallons Diesel per month with an average pool margin approximately 70 cents per gallon. Credit card charges are extra. Convenience Store is approximately $ 45,000 per month with an average gross profit margin of 32%. It has very strong Lottery income ($61,000 per Year).
Store has Deli and Sandwich equipments and grill with hood but owner is not using right now. Store has lots of potential. An aggressive new owner/operator can start sandwich, fry chicken, morning breakfast and lunch items, also start U Haul and bill payment to get more business. Cash flow noted is for owner/operator working 50 hrs. per week taking NO salary; before debt service
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