Branded Gas Station & C-Store in New Jersey - 35935 Business Type: business with property available,convenience store,owner financing available,gasoline service station
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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.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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