12M Gross Branded Diesel/Gas Station
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $2,400,000 |
$12,054,216 |
$744,930 |
Business Summary:
Numbers are from 2017. Net income 2018 exceeds $900,000. Highly profitable gas station on a very busy state highway in urban area. Station is only 9 years old. Seller retiring to Florida. Business is 70% diesel. Corporate accounts for major $ and receivables are approximately $800,000 to $1,000,000 at any given time. Seller willing to finance 40% of purchase price for 5 years at 6%. To get this deal you need 1) $1.5 million down payment, 2) $1 million to fund other receivables, 3) $200,000 to $300,000 working capital. All prospective buyers will need to provide proof of funds prior to meeting seller.
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| Year
Business was Established: 8 |
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| Number of Employees:
6FT |
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| Facilities / Terms of Lease:
1.3 acres with 11 parking spaces which are rented to local businesses. Gas station is only 8 years old; pumps and underground tanks are virtually new. |
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| Competition:
Located on a busy state highway in an urban area. |
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| Owner
willing to finance:
Yes |
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| Owner
willing to train:
2 Weeks |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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