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Gas/Convenience/ Repair

Atlantic County, New Jersey

Asking Price: Gross: Cash Flow:
$195,000 $2,160,000 $228,620

Business Summary:
This major brand gas convenience store located on major East/West highway coming out of or going into Atlantic City offers a new buyer a terrific opportunity to turn a profit. Interior of convenience store which now is cluttered and disorganized would give new owner opportunity to redesign store (does $60,000 monthly now) and bring in $20,000 more monthly business. This station aided by rental income from repair bays $18,000 – annually. Owner operator can increase personal income by operating convenience store and saving a salary. Station is profitable at present but can obtain a new level of profit by becoming worker/owner/manager. Although gas is a very big brand name present owner states that no management certification is necessary. Gas sales would grow at corresponding ratios as store volume grows so would gas sales with this well known brand in this area. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext. 285.

 
   
   
Year Business was Established: 2005
   
Facilities / Terms of Lease: 3,300 sq. ft. Turnkey gas-convenience-repair; major brand with high traffic; major route into Atlantic City; many other income producing ventures for owner/operator  
   
Potential Growth/Expansion: Expand convenience store with other income producing ventures and product line; example would be a deli, pizzeria, etc.  
   
Competition: limited  
   
Owner willing to train: 2 week training  
   
Reason for selling: Absentee owner - other interest  

 

 

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