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Business for Sale Summary

Gas/Service Station in Monmouth County, NJ - 29860

Business Type: convenience store,delicatessen/catering services,auto repair,auto body/collision repair,auto/truck mechanical repair,gasoline service station
Gas/Service Station in Monmouth County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $300,000
Gross Revenues $2,139,805 Lease Remaining Register Free to View
Owner’s Cash Flow $195,814 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

This gas station pumps 60,000 gallons per month, with an average of $0.22 per gallon. This newly-remodeled, branded gas station has been in business for over 45 years, and still going strong. It has been newly-remodeled with a canopy, property fence, black top and fully-updated pumps to maximize visibility and efficiency for customers. The location could not be better than at a major intersection, with over 30,000 vehicles passing by its huge lot. U-Haul rentals are visible to all traffic. It is also a few blocks from the Garden State Parkway and NJ rail station, for easy drop-off and pick-up for customer service needs. The seller is also offering the new buyer guaranteed income with multiple service agreements in place for vehicle rental centers and international telecommunications company. It has been offering state inspection certifications, brake service, oil changes, warranty maintenance, tune-ups and tire repairs. It specializes in engine and transmission service and repairs. There is so much more. It has four pumps, with eight dispensers that give access to Premium, Mid-Grade and Regular fuel. In addition, it offers propane, air, water, ice and sodas in a small convenience store with limited offerings. It has been approved by the city to add a convenience store now, but since, the seller has decided to retire. The new buyer could increase revenue and profits, exponentially, with a new convenience store/deli to capture the customers on their lunch break. The facility has two bays with lifts. It offers service six days a week, and fuel, seven days a week. This business is perfect lifestyle business because of the amenities the city has to offer, with beautiful homes, parks, schools, water parks, beaches and just an all-around quality of life. The seller must sell the property with the business for a minimum of $1.5 million. All real estate options, such as lease, lease/option, real estate contract, etc. must be negotiated directly with the seller. Seller may also offer financing to the right buyer, with the right amount of money down. Call today.

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. 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.