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Gas Repair

New Jersey

Asking Price: Gross: Cash Flow:
$75,000 $1,778,000 $95,000

Business Summary:
This is a well established Gas/Repair Station adjacent to an A&P Shopping Mall. A good buy for a mechanic. Pumps 60,000 to 70,000 gals per month at $0.20 average pool margin. New buyer can increase business by making a convenience store (convert 1 of 3 bays and office area). Also by staying open additional hours. Other expenses = bank charges, tools, payroll service and towing = $3,591. Business has 2 islands and 4 pumps.

 
   
   
Year Business was Established: 1980
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Large property, adjacent to an A&P Shopping Mall. Good Lease 10 yrs + (2) 5 year options  
   
Owner willing to finance: 3-5yrs@prime+1  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Seller wishes to move to No Carolina  

 

 

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