Absentee Operated Gas Station in New Jersey - 36541 Business Type: absentee business,bank financeable,convenience store,owner financing available,gasoline service station
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $880,000 | Down Payment | $480,000 |
| Gross Revenues | $2,212,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $285,000 | Number of FT Employees | Register Free to View |
Financing
$480,000 Down and $400,000 for 3 years @ 2%
Business Description
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ.
It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month.
Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest.
A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year.
Call the broker, Syed Ahmed at 631-374-7686, for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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