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The Wall Street Journal Online

Great Gas/C-Store Deal for Savvy Buyer

Ocean County, New Jersey

Seller Financing Available

Photo Available
Asking Price:
$125,000
Gross Income:
$255,000
Cash Flow:
$90,000
EBITDA:
N/A
FF&E:
N/A
Inventory:
$35,000.00 **
Real Estate:
N/A
Year Established:
1980
Employees:
4
Business Types:
Gasoline Service Stations
Convenience Stores

** not included in the asking price

Business Description

This excellent income producing business has been established in the area for a long time with the current owners owning it for several years. This is open 18 hours a day. It has a super low Rent of only $2,100/month. Gas gallonage is very steady with a repeat customer base for the Store also. Room to expand if necessary. Store does $55,000., a month. Great area! Serious seller has lowered the price again to SELL!

Detailed Information

Facilities:
An established Gas Station with a Food Mart at a very visible, busy intersection on a large lot. Plenty of parking. Canopy with 4 Gas dispensers. Propane, Diesel, Kerosene, Lottery, ATM, Air/Vac are all available services on site.
Competition:
All existing competition. Increasing traffic and volume after major road repair for 8 months of 2009 which just got completed in 2010. Major construction of housing and new businesses in the area.
Growth/Expansion:
The Food Mart needs a expanded Coffee area and a strong Deli /Fast Food would be ideal as there is plenty of room to expand. High visibiility with 4 entrances and exits. Excellent deal for the money, won'nt last long!
Financing:
A small portion may be financed for a short period for a qualified Buyer.
Support/Training:
Seller willing to train for a week. More can be negotiated.
Reason Selling:
Moving out of state
Contact Seller

Broker Information

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Business For Sale Listed By

Not Disclosed
American Business Advisors

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Ad#: 482684

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