Branded Fuel Station for sale in NJ - 34781 Business Type: convenience store,owner financing available,gasoline service station
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $480,000 | Down Payment | $350,000 |
| Gross Revenues | $4,446,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $240,000 | Number of FT Employees | Register Free to View |
Financing
$350,000 Down and A note of $130,000 at 6% for 36 months.
Business Description
A branded gas station, with a spacious convenience store, is located in a very crowded residential and commercial neighborhood in Union County, NJ. It pumps 90,000 gallons a month, with .35 cents profit margin on a gallon; sells diesel too. Store makes $45,000 in gross sales a month; lotto makes $2,000 a month in commission. Has Icebox, propane, vacuum, air pump, ATM & bitcoin machine, generating over $3,000 a month in commission. 15 years lease. 100% absentee. The seller owns many businesses; finds it hard to supervise it; seller financing is available. An excellent location, a very busy gas station in all aspects. Do not miss this great business opportunity. The seller's net cash flow, after paying all the expenses, is over $240,000 a year. Call Syed at 631-374-7686 for more information.
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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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