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Business for Sale

Established Gas Station for Sale in New Jersey
Monmouth County, NJ

Listing #37223

   
Financial Information (non-confidential)
Asking Price $1,000,000.00 Gross Revenues $4,136,381.00
Down Payment $1,000,000.00 Owner’s Cash Flow $300,000.00

Financing: $1,000,000.00 Down and

Reason for Selling:Other interests

Semi-Absentee, Turnkey Operation A branded gas station and convenience store that sits on a large corner lot on a major highway in Monmouth County, New Jersey is available. This station is 31 Years old, open 24/7, and is operated by 2 managers who order, schedule and run the shifts. The owner does the banking and the payroll and not much more. The gas station pumps 80,000 gallons per month at a profit margin of 30 cents regular and near 90 cents for plus and premium. There are three 10,000-gallon, steel single wall tanks one of which can be converted to diesel. The are four new pumps, dispensers, eight hoses, and a contract or two with private companies in the area. The 2,000 sq. ft. convenience store is equipped with new coolers and condensers, cameras and an alarm system. It offers hot and cold foods, snack items, lottery, propane gas, air and vacuum machines, and comes with significant rental income from a variety of vendors including a major coffee and donut supplier, a hot dog vendor, an ATM/Bit Coin machine, parking spaces, and more. The foot traffic in the store for the hot foods and the lottery sales in particular is huge. 30% of the sales are in cash and can be proven. There are 16-years left on the lease. Add diesel fuel to the mix and develop a generational lifetime of income. After four years, the current owner has another business and has decided to sell this business to focus on that and to retire the debt brought on by his acquisition and improvements to the business. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers LTD at 646-269-4616 Note: When visiting the business, please be discreet and do not speak to the employees about the sale of the business.

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.
Gerald Nimberg
Senior Business Broker
646-269-4616
gnimberg@vestedbb.com
Servicing Area:
Burlington County, NJ
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Gerald Nimberg

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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