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Business for Sale Summary

Branded Gas Station & C-Store in New Jersey - 35935

Business Type: business with property available,convenience store,owner financing available,gasoline service station
Branded Gas Station & C-Store in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $550,000
Gross Revenues $3,567,000 Lease Remaining Register Free to View
Owner’s Cash Flow $210,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and A note of $200,000 at 10% for 24 months

Business Description

A branded gas station, with a decent-sized convenience store, is situated in the busiest neighborhood in Essex County, NJ. The business pumps over 100,000 gallons a month, with a profit margin of 40 cents on each gallon. The store does over $60,000 in gross sales, and the lotto makes $2,000 in commission per month. After 8 years, it will become an unbranded gas station. It is 100% absentee-owned as the seller owns many gas stations in multiple states. The seller is willing to finance with a flexible payment plan, For the business, the seller is asking for $750,000. The seller wants to sell the property on his own for $3.5 million, including business, with a down payment of $1.5 million. It is a highly profitable business with owner financing. Call Syed at 631-374-7686 for more information.

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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.