Branded Station Buying Gas at Wholesale Prices.

Passaic County, NJ

Seller Financing Available
Branded Station Buying Gas at Wholesale Prices.

Asking Price:$198,000

Cash Flow:$132,800

Gross Revenue:N/A

EBITDA:N/A

FF&E:$5,000

Inventory:$4*

Lease Rate/Sq. Ft.:N/A

Established:1976

*not included in asking price.

Branded Station Buying Gas at Wholesale Prices.

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Business Description

Good Lease. Good Value.

Easy to Run Gas Station. Easy to Transfer Ownership.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
7/1/2039
Employees:
1FT + Owner
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Corner Location with Small area that could be used as a C-Store. 2 Service Bays which are rented out at $2,700 a month. Pumps Gas and Diesel. 3 x 8,000 Tanks. Good Lease with 23 Years Left. 13 Years on original Lease and 2 x 5 year options. Rent $5,900 a month inclusive of Taxes. 4MPD's for Gas 1 for Diesel.
Competition:
There are other gas stations in area but they are Main brands and cannot compete on price. This Station is a Brand but you buy gas at wholesale just above RACK. Hence he is Cheaper than his competition and still makes 20 cents Pool on Gas and 35 cents on Diesel. Owner works there 50 hours a week.
Growth & Expansion:
Steady Business could add small C-Store with Lottery to increase Business.
Financing:
% Available to Qualified Buyer
Support & Training:
Easy Station to Run. Owner will stay for a period of 2 weeks after Closing to help with transition.
Reason for Selling:
Owner Retiring

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Ryki Ukrainski

Business Listed By:
Ryki Ukrainski

Roddy, Mo & Co. Business Brokers

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