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This Business has been Sold!
Closing Date: 08/22/2021
Broker: Syed Ahmed
Business for Sale Summary

Absentee Owned Gas Station for sale in NJ - 34279

Business Type: gasoline service station
Sold
Absentee Owned Gas Station for sale in NJ
On August 22nd 2021, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $105,000 Down Payment $105,000
Gross Revenues $2,145,000 Lease Remaining Register Free to View
Owner’s Cash Flow $61,000 Number of FT Employees Register Free to View

Financing

$105,000 Down and

Business Description

A branded gas station, with a convenience store, is located at a crowded commercial area in Essex County, NJ. Rent is just $2300; a ten years lease. It pumps 65,000 gallons a month, with .26 cents profit margin on a gallon. The gas deposit is just $5,000. 100% absentee owner. An excellent chance for a first time gas station buyer who himself wants to operate. Do not miss this great business opportunity at a very reasonable price. The seller's net cash flow, after paying all the expenses, is over $60,000 a year. Call Syed at 631-374-7686 for more 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.