Description Independent gas station, no fuel contract, located on a major state highway at the entrance of US Route 78, with forty thousand (40,000) drive by vehicles daily. The business sells 1,500,000 gallons of gas & diesel fuel yearly with a high pool margin profit. This fuel station business also has a Dunkin Donuts business as a rental of which the owner collects $85,200 in yearly rent. The facility has a clean professional image with a full canopy, two islands, six pumps and an outside kiosk.
The sale includes a long term sixteen (16) year lease agreement at a fair rent cost. This business has a gross yearly income of $460,000 and a dependable net yearly income of $121,000. The sale is due to absentee corporate owners, separation of partnership and post-closing training is available to the new operator.
The sale includes a fully equipped independent gas station with all the amenities which include, a full canopy, computer system to monitor sales, exterior kiosk and a long term lease including various equipment required for this particular fuel service industry. The fuel station can accommodate six vehicles at any given time period. The sale includes a sixteen year commercial lease which expires 2030/01/01 with a monthly rent of $13,000 and security deposit of $15,000.
This retail business requires four employees, consisting of gas station attendants. The staff is unaware of the pending sale, expected to remain post-closing monthly payroll is approximately $7,100. The business location has substantial private parking on the site as part of the lease. The business is operational seven days weekly with hours 24/7. The business has a municipal certificate of occupancy to conduct business at this particular location.
The sellers will finance the transaction with an appropriate down payment to a qualified buyer. This is a wonderful solid business opportunity and should be seen to fully appreciate.