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Gas/Diesel/Convenience/Propane with Property

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$159,000 $2,263,218 $107,232

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Business Summary:
Unbranded Gas/Diesel Station w/ or w/o property located on major Highway. Station for sale $159,000 Real Estate $1,441,000, New rent to Station Buyer $5,900 Triple Net (15 years) Station has small convenience store under developed, also sells propane tank net $45K annually. Station pumps 65k gas/Diesel monthly, Diesel mark up 45 gallon 18% overall. With property sale; 2 car repair garage; rent $3,000.Property 1.4 acres 2 islands; 3 pumping stations w/ enormous canopy. 3 in ground plastic tanks of 10,000 gallons each; 1 is Diesel.NO FUEL CONTRACT. There is a large land space on property for building out of parking, business & store. Repair garages not available w/ lease. Additional income: Ice 1,000; Vacuum 1,200; ATM 1200.Hooked up & Ok’d for Lottery. R.E. Purchase profit $214,034.00.

 
   
   
Year Business was Established: 15
   
Number of Employees: 2  
   
Facilities / Terms of Lease: Situated on Main North South Middlesex Highway; Sale of Property $1,441,000 and/or business $159,000- Huge outside canopy covering gas pump. Replacement over 200k, has 1,000 sq. ft. convenience store, also has lottery hook up in place. NO FUEL CONTRACTS.  
   
Potential Growth/Expansion: Has large parcel of land that is now empty can further develop all on gains activities including Convenience store and truck parking.  
   
Competition: Several stations within area this facility, because of No Fuel Contracts, is the cheapest.  
   
Owner willing to finance: On sale of business, Owner would accept $70,000 in financing  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Single Owner takes up too much time  
 

 

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