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Established & Profitable Brand Name Gas Station

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$450,000 $248,400 $202,120

Furniture and Fixtures Value:
$10,000 (included in the asking price)

Inventory Value:
$30,000 ( not included in the asking price)

Business Summary:
Established, profitable in excellent location on main avenue of a nice town, opposite Shop Rite with plenty of traffic. Sales are gas profit from selling 45,000 gallons per month at average, 46 cents per gallon. Extra income is from renting repair shop $5000 per month= $60,000. Plus income from vacuum, propane, ice, air pump = $3600. Growth potential by adding lottery and mini mart.

 
   
   
Year Business was Established: 1980
   
Number of Employees: 2FT  
   
Facilities / Terms of Lease: Franchise issues 3 years lease which is automatically renewed as long as you perform your responsibilities. Parking on premise. All equipment is maintained in very good working condition.  
   
Potential Growth/Expansion: Add lottery and mini mart  
   
Competition: None close by  
   
Owner willing to train: 1 to 2 weeks  
   
Reason for selling: Retiring  
 

 

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