Independent Gas Station
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $275,000 |
$7,304,305 |
$129,762 |
Business Summary:
Unbranded station located on major highway with 315 foot frontage. Potential for huge canopy (footings already in place) and large convenience store. Averaging over 135,000 gallons per month at a pool margin of $0.19. Five operating dispensers, 3 high speed diesel, 1 gas plus diesel and 1 gas only (4th high speed diesel ready to go). Pumping regular, super, diesel, and plus. Two 10,000 gallon tanks in ground and one 12,000 gallon tank. More than 20 regular diesel accounts. No supply agreement. Buy from any and all suppliers. 1.5% rent increase yearly. Do not speak to station employees! For further information please contact Bill Friedman at 908-851-9040 Ext. 274.
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| Year
Business was Established: 1963 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
See business description for this information |
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| Potential
Growth/Expansion:
Plenty of room to grow |
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| Competition:
Average |
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| Owner
willing to finance:
Two years at Prime + 2% |
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| Owner
willing to train:
As much as necessary |
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| Reason for selling:
Pursue other interests |
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| REQUEST MORE INFO |
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