Branded Gas Station For Sale
www.GlobalBX.com
Listing ID:
700271328
Listing Title:
Branded Gas Station For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=271328
Industry:
Auto Related
Industry Segment:
Gas Station
Country:
United States
State / Province:
New Jersey
Area
City:
Monmouth County
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$6,760,000
Cash Flow:
$600,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
4 - 5
Business Description:
Powerhouse gas station convenience store with property now for sale! This gas station sells 170,000 gallons of fuel a month with its awesome location on New Jersey's busy State Route. This business is not only on one of New Jersey's busiest routes but at an intersection of a major city. It's 7 pumps and 14 dispensers allow customers to choose regular, Mid-Grade, Premium, or Diesel. The seller is currently making $0.25 per gallon on regular, $1.00 on Premium, and $0.75 on Diesel. The margins are the best that can be found today.
The 1,200 square foot convenience store generates $60,000 per month of sales at a whopping 50% profit Margin on most items except for 12% on cigarettes. It does not offer beer and wine. And there is no Deli. Which is only opportunity for the new buyer to make even more money because there is room for a deli. Additional income from this powerhouse business is Lottery, Air/Water, and ATM which approximately $30,000 per year and other income such as air vacuum is approximately $6,000 a year, and the ATM is approximately $7,000 per year.
The real estate being offered by the seller is $1,650,000 and must sell with the business being offered through Vested Business Brokers. The buyer must negotiate directly with the seller for the property. The property is on approximately 0.8 Acres per the seller. The Branded gas supply agreement ends in 11 years, and includes a buyout clause if buyer chose a different supplier that the current buyer. Seller has been in the business for over 40 years and wishes to now pursue different interests.
Buyers that are looking for the purchase with maximum amount of income and still room to grow then this business is it! Not only will the buyer pocket approximately $600,000 per year but has opportunities to expand and grow the income more. Call Rick Murray with Vested Business Brokers where deals get done. Call today and set the appointment with the broker 1-877-735-5224. Proof of funds...
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