Price: $299,900
Location: Middlesex County, New Jersey
Industry: Gas Station
Listing ID: gst385
Profitable franchise fuel station with yearly fuel sales of $2,405,000, 724,000 gallons yearly, lotto sales of $40,000 Net and C Store of $290,000 plus additional income, vacuum, propane. The franchise is fully responsible for real estate taxes, tanks, pumps & environmental issues. Owner operator is responsible for all sales & customer service-related details inside the shop as well as surrounding area (restrooms, grounds keeping, etc.) The business has exterior Vacuums, air pump, lottery, & snack shop generate income. This is a very profitable fuel gas station which includes the franchise approval located on an active county road close to numerous state highways. The business produces consistent fuel sales with a substantial pool margin and a good profit to the owner operator. This is a dependable safe business opportunity and based on the asking price, estimated down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $2,399,999
Cash Flow: $85,000
FFE: $75,000 (Included in Price)
Inventory: $20,000
Franchise?: Yes
Franchise Information:
To be supplied
Reason For Sale:
The purpose of this business transaction is due to be the owner’s retirement from the retail fuel industry.
Training & Support:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Operation
Year Established: 2000
Days & Hours of Operation: This successful gas station business operation is active seven days per week, with hours from 6:00 am to 11:00 pm.
Owner Hours Per Week: Part time
Employees: Regarding employees and payroll, this auto fuel gas station business routinely has multipole employees and one employee working at any given time. The staff are unaware of the pending sale, the payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, monthly payroll expense is approximately $7,000.
Absentee Owner?: Yes
Location
Security on Lease: Two Months
Lease Option: Yes additional options.
Monthly Rent: 7,000
Type of Location: Commercial active highway
Square Footage: 5,000
Relocatable?: Yes
Facilities Information:
This opportunity is in Central New Jersey, Union County, which consists of highly populated communities with continue demand for this fuel service. The facility which consists of approximately four hundred square feet consists of attractive Convenience retail shop, storage, and bathrooms.