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Business for Sale Summary

Gas Station & C-Store - Essex County, NJ - 27520

Business Type: convenience store,absentee business,best deals!,new to market,gasoline service station
Gas Station & C-Store - Essex County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $120,000 Down Payment $120,000
Gross Revenues $2,972,760 Lease Remaining Register Free to View
Owner’s Cash Flow $61,000 Number of FT Employees Register Free to View

Financing

$120,000 Down and Plus $30K to cover inventory, deposits, rent security...

Business Description

Unbranded gas station and c-store for sale. This operation is fully-absentee. It has a corner location on a busy road. They currently average 110,000 gallons, monthly, with an 18-cent profit margin. The owner nets $60k, yearly, while running the business out of state. Since the owner has moved out-of state, he has closed the 225 sq. ft. c-store. The gas station nets $60k from gas sales, alone. This business needs a full time owner/operator to re-open the c-store and grow the business from Day 1. You can easily add all c-store items, including lotto, water, soda, beer, cigarettes, snacks, etc. The tanks are double-walled. There are eight years remaining on the lease, with only a $500 rent inc. every three years. The lease can be extended. We are seeking a serious and financially-qualified buyer with at least $150k in liquid funds to cover the asking price, plus $8,500 for rent security, $2,700 for the transfer fee and $20k in gas inventory. To learn more, please call or email Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.