Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
Broker Contact Form
Name

Email

Phone

Comment


Independent Gas Station
(Automotive , Gas Station)
Gloucester County , NJ
Listed Price: $ 450,000
Listing ID: GST368

Listing DetailsGross Revenue: $ 157,500
FFE: $ 170,000 (Included in Price)
Reason for Sale:

The sale is due to owner’s absenteeism.


Training & Support:

The seller owner will remain after closing and supply training.


OperationsEmployees: 2
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 1355
Facilities:


The business is located on an active county road with thousands of daily drives by vehicles. The site consists of a 10,000-square foot pad and the retail facility consist of approximately 1,355 square feet with a clean attractive appearance. The business is in an active commercial area with various other active and successful businesses. This opportunity is in Central New Jersey, Gloucester County, which consists of various populated communities with continued demand for this particular product.


SummaryBusiness Description:

Solid business opportunity for this independent gas station, with no fuel contract, Lotto approval and located on an active county road in the County of Gloucester, New Jersey area. The business has yearly fuel sales of 750,000 gallons, yearly gross outside sales from the convenience store is approximately $75,000, and the gross income is approximately $157,500. As an onsite owner operator, the business has a projected dependable net yearly income which represents an excellent return on investment. This is a wonderful business opportunity for a first-time owner. This retail fuel and C Store company has 2 full-time and 3 part-time employees with a monthly payroll of $2,900. The business has been valued at $450,000 based on a multiple of the net yearly income. Seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. Additional cost is inventory. This is a dependable business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.


Competition:

To the best of our knowledge and various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.


Potential Growth:

The business presently has a limited marketing plan for corporate fuel accounts and if improved can further develop the business bottom line net income.


Financing/Terms:

Available to a qualified buyer with an appropriate down payment.