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Business for Sale Summary

8 Gas Stations for Sale in Camden County, NJ - 24818

Business Type: convenience store,gasoline service station
8 Gas Stations for Sale in Camden County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $800,000 Down Payment $800,000
Gross Revenues $2,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $780,000 Number of FT Employees Register Free to View

Financing

$800,000 Down and N/A

Business Description

Unique opportunity to purchase a portfolio of 8 unbranded gas stations, which are all located in southern NJ and within close proximity of each other. These 8 stations currently pump over 700,000 gallons a month with a blended margin of 0.20 cents/gallon. The current owner will stay on as the landlord and is offering a triple net lease of $52k per month for all 8 stations. The terms of the lease will include 4 consecutive five-year leases (20 years total) and the new buyer will have the right of first refusal to eventually purchase the land. The current owner will guarantee EPA status for all locations, up through purchase of the business, which will help for an efficient transition. There is an area manager that oversees all day-to-day operations and would be willing to stay on with new owner. The station employees will also be available to stay on. Potential buyers must have experience in the gas business and know how to run and operate a multi-location opportunity. Also, any potential buyer needs to show POF in excess of $1mm prior to contacting or meeting the current owner. Please call 1-877-735-5224 for further information.

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.

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.