Gas Station, Auto Repair & C-store
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $7110000
Net Profit / Cash Flow $184500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1938
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner is retiring.
Description Branded gas stations with convenience store, 2 bays for repairs and inspections. Currently pumps an average of 140,000 gallons of gas a month, does $25,000 a month in repairs, $3,000 a month in inspections and $7,000 a month from the convenience store. Has 3 regular 8,000 gallon tanks and 1 super 10,000 gallon tank. Located on a busy road next to a major educational institution, it has little competition and is constantly busy. Parent oil company has done the market research and has targeted this station for a complete rebuild in two years that will include a new 2,300 SF c-store, 8 new pumps (presently has 4) and a canopy. The company will pay all the costs. Major coffee / donut chain is also interested in putting a franchise on the site. Owner looking to retire and move out-of-state. This business makes money and will do even better after the rebuild! Contact for more information on this Gas Station, Auto Repair & C-Store for sale.
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