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Business for Sale Summary

Branded Gas Station and C-Store - 29527

Business Type: retailing businesses,convenience store,delicatessen/catering services,gasoline service station
Branded Gas Station and C-Store
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Financial Information (non-confidential)

General Information
Asking Price $224,000 Down Payment $224,000
Gross Revenues $325,000 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$224,000 Down and All Cash

Business Description

A branded gas station and convenience store located in Middlesex County, New Jersey, is available for purchase. The gas station sits on a very large, prime corner lot on one of the busiest roads in the state. The highway is a feeder road to the Jersey shore that brings additional traffic; the convenience store offers lottery, coffee, newspapers, cigarettes, an ATM and snack products. Across from a bus station,this convenience store and station serves commuters to and from New York many of whom park their cars there (at a cost). Gas is acquired on consignment and the Seller receives 10 cents per gallon for each gallon sold. Conversion from consignment gas to purchased gas would add gross profit of about $52,800 annually. Adding Diesel Fuel to the station would also increase gross profit an estimated $60,000 based on past experience. The profit margin on diesel gas is about 30 cents per gallon. Further, opening up 2 hours earlier in the morning would add significant in-store sales, regular gas sales and diesel gas sales alike- the station sits on a busy highway and trucks travel in the early hours without many diesel gas choices. Because of its size, visibility and easy on/off two street corner exposure, this station should attract quite a substantial business. The Seller is retiring. Offered on a first come- first served basis. Please call 1-877-735-5224 for further information.

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.