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Business for Sale Summary

Gas Station for Sale in New Jersey - 36408

Business Type: convenience store,gasoline service station
Gas Station for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $320,000 Down Payment $320,000
Gross Revenues $2,834,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$320,000 Down and

Business Description

A branded gas station with a 1500 sq.ft. convenience store is situated in a busy suburb in Burlington County in NJ. Rent is $5600 with a 10-year lease. The store offers cigarettes, cigars, lotto, all the smoke shop merchandises, an ATM, an air pump, coffee, and breakfast, etc. Lotto does extremely well, earning $14,000 a month in commission. It is considered to be one of luckiest lotto locations in the entire area. The store generates $50,000 sales each month. It pumps 40,000 gallons monthly, with a profit margin of 0,22 cent on each gallon. The seller has owned it for several years, but now his family situation is forcing him to move to another state. The gas station has a great location, a very busy lotto, a 10-year lease, a high volume of customers, and strong earning potential. After paying all the expenses, the seller's net cash flow is over $150,000 a year. Call Syed Ahmed 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.