Branded Gas Station for Sale in New Jersey - 36021

Financing

$350,000 Down and A note of $225,000 at 9% for 3 years.

Business Description

A branded gas station with a spacious convenience store is located in an affluent neighborhood in Mercer County in NJ. The store earns over $80,000 in gross sales per month; the smoke items fetch a really good profit margin. Far more smoke shop items are sold than cigarettes. The surrounding area is experiencing a significant increase in value due to a construction of several hundred apartments. On gas, the seller earns a .55 cents profit margin on each gallon. The business comes with a one-bedroom apartment where an employee can live. Another good piece of news: there is a fully-fledged deli that generates $1700 in monthly rental income ' it has a month to month lease which will give a new buyer a chance to run on his own if a new buyer desires so. An excellent location, a highly profitable business, along with seller's financing. The seller's net cash flow, after paying all the expenses, is $296,000 a year.A 100% absentee-owned business, as the seller owns several businesses. 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.