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Profitable Gas Station For Sale
Location: United States -> New Jersey -> Morris County
Industry: Auto Related > Gas Station

Business Summary

Well established high Volume Sunoco gas station located on a busy NJ highway in Northern New Jersey, Morris County. The owner has elected to sell after many years in business at this particular location. The business pumps 1,140,000 + gallons annually with $.25 cents as an average pool margin. The business also generates high income on auto repairs representing a substantial net income to the owner/operator. Sunoco is a national wholesaler of gasoline and is rated number 2 in the United States. The sale includes a full turnkey operation, with multiple pumps, various underground tanks which the franchisor is responsible for and various high capacity built-in equipment. The site has private parking on site for 15- 20 vehicles as part of the lease agreement. The business is operational seven days per week with hours from 6:00 am to 11:00 pm. The business has a municipal license to conduct business and it is franchise approved. Sunoco will supply a franchise agreement plus a long lease. The business has a full staff of experienced employees who are unaware of the pending sale and expected to remain post closing. The facility has been approved by Sunoco Corp. for conversion to a Convenience store which can further improve the business income. Priced for a quick sale at $320,000


Asking Price Range:  $250K - $500K
Gross Revenues:   $2,993,000
Cash Flow:   $137,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  As much as you need
Reason For Selling:  Other business interests

Print Listing Id: 700181659
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

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