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