Middlesex Service Station with Property

Middlesex County, NJ

Middlesex Service Station with Property

Asking Price:$185,000

Cash Flow:$120,875

Gross Revenue:$5,255,087

EBITDA:N/A

FF&E:$90,000

Inventory:$25,000*

Real Estate:$1,515,000*

Established:30

*not included in asking price.

Middlesex Service Station with Property

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Business Description

A branded gas/diesel station located on counties major north & south highway in Middlesex County. Interested parties can purchase entire station with property for $1.7M or they can buy business for $185,000 with a 5 year lease starting $70,800-triple net ($5,900) monthly with a 5 year option. (Negotiable station pumps 130K gallons of gas & diesel monthly. First 50K gallons have to be purchased thru distributor(landlord) station is operated absentee & from a kiosk (250 sq. ft.) there is room to build a 1,800 sq. ft. convenience store one site, less than 1 acre. Three islands 6 pumping stations all covered w/ large/high canopy. Operated absent with 3 employees, within ground 3-10,000 gallon step 3 tanks 2 set up for gas one for diesel station operates 7 days from 5am-11pm, taxes $19,200.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
¾ acre station selling both gas and diesel large an tall overhead canopy 3 tanks of 10K gallons in ground (step3) 2 set ups of gas 1 set up in diesel for landlord can be from 5year with option.
Competition:
Station on opposite side of highway- this high speed highway going North and South- Drivers stay on their side of the road
Growth & Expansion:
Can build 1800 sq. ft. convenience store on site, presently working from 250 sq. ft. kiosk.
Financing:
If purchasing business or property- negotiable
Support & Training:
Two weeks
Reason for Selling:
Owner selling off some of his assets
Franchise:
This business is an established franchise

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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