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Business for Sale Summary

Branded Gas Station with Repair Shop and C-Store - 35621

Business Type: auto repair,convenience store,owner financing available,gasoline service station
Owner Financing
Branded Gas Station with Repair Shop and C-Store
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Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $300,000
Gross Revenues $3,425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and A note of $225,000 at 7% for 24 months.

Business Description

A branded gas station with a repair shop and a convenience store is located in the crowded neighborhood in Mercer County, NJ. The seller has owned it for over 12 years. The rent is $6500. The repair shop is operated by a mechanic who shares 50% profit with the seller. It pumps 60,000 gallons a month, with .60 cents profit margin on each gallon. The store also has smoke shop merchandises; does well. The seller has a domestic issue; he must sell it. A great location, a neighborhood gas station, an excellent cash flow. Seller financing is available. After paying all the expenses, the seller's net cash flow is $250,000 a year. 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.