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Business for Sale Summary

Gasoline Service Station - 20841

Business Type: retailing businesses,auto repair,convenience store,gasoline service station
Gasoline Service Station
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $100,000
Gross Revenues $380,000 Lease Remaining Register Free to View
Owner’s Cash Flow $108,600 Number of FT Employees Register Free to View

Financing

$100,000 Down and Balance over 4 months

Business Description

SELLER FINANCING AVAILABLE. PRICED TO SELL AT 1.15 TIMES EARNINGS. AVAILABLE AS A BRANDED OR UNBRANDED GAS STATION. LUCRATIVE AUTO REPAIR SHOP INCLUDABLE. LARGE CORNER LOT CAN BECOME INCOME PRODUCING. LONG-TERM, LOW RENT LEASE AVAILABLE. A combination gas station, auto repair shop and convenience store business located in Camden County, New Jersey is up for sale. This high-volume gas station pumps an average of 120,000 gallons per month at a gross profit of 20 cents per gallon. The convenience store is well-stocked and carries many staple grocery items and the store includes lottery and an ATM business. The sale also includes a three-bay garage which is rented out to a tenant (on a month-to-month basis) who operates a busy auto repair shop. The seller owns the property and has owned and operated the multi-unit business for 14 years. The property is available as a rental or a purchase. The seller is moving out of state causing the sale. The auto repair business is quite lucrative and can generate far greater profits than the rental income ($2,700/month) which the tenant now pays. Further, the convenience store is operated as a convenience for gas station and auto repair customers but it is better suited as a stand-alone convenience store since it carries grocery foods rather than the low-priced, traveler items more typical of these gas station stores. The seller is the owner of the property and he will execute a new 10 to 15-year lease at the same low rent as he now pays. Please contact the broker for further information at 1-877-735-5224.

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.