Gas Station With Convenience Store
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $305000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Very profitable gas station with convenience store is for sale WITH PROPERTY. Excellent location at the intersection and corner location on one of the busiest road in New Jersey with traffic count of 25,000 cars per day. The convenience store is approximately 2500 sq.ft. It is not being used properly to earn highest money per sq.ft. SIX Pumps one with diesel. Two tanks of 20,000 gallons for regular gas and one tank of 10,000 gallons for Super and One tank for diesel of 10,000 gallons capacity. All the tanks are double wall fiberglass and installed in 2008.
NO SUPPLY CONTRACTS WITH ANY DISTRIBUTOR. The total fuel sold per year is 1,680,000 at 15 cents per gallon pool margin and the convenience store has 15,000/month sale at 20% gross profit margin. There are other misc. income from lottery, ATM.,Air & Vac.etc. The best part of the deal is SELLER FINANCING. This financing is available to any qualified buyer by putting $500,000 down. The rest of the terms can be negotiated. Cash flow projected is for owner/operator working 50 hrs. per week taking NO salary.
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