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Branded Gas Station

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$1,650,000 $3,600,000 $376,300

Business Summary:
This 3 ½ year old branded gas station is located on a very busy highway in Essex County. It pumps approximately 300,000 gallons per month, about 30% diesel with a pool margin of approximately $0.18 per gallon. Open 24/7, this station has 4 islands with a canopy overhead and can accommodate 12 cars and 4 trucks simultaneously. The owner will give a buyer a 10 year lease at favorable rates with a 10 year option. Added bonus: the oil company typically gives owners about $300k to sign on. The agreement has another 3 ½ years to run. For further information please contact Howard Kupferman at 908-851-9040 Ext. 263.

 
   
   
Year Business was Established: 2009
   
Number of Employees: 2.5  
   
Facilities / Terms of Lease: Only 3 ½ years old. Canopy, 4 islands, 12 gas pumps – 4 diesel, four 20,000 gallons.  
   
Owner willing to finance: 5 years at Prime + 2%  
   
Owner willing to train: Two months  
   
Reason for selling: Other business interests  

 

 

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