Independent Gas Station

Gloucester County, NJ

Independent Gas Station
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Asking Price: $95,000

Cash Flow: N/A

Gross Revenue: $157,500

EBITDA: N/A

FF&E: $170,000

Inventory: N/A

Rent: $5,000 /Month

Established: N/A

Independent Gas Station

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Business 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 retail fuel and C Store company has 2 full-time and 3 part-time employees with a monthly payroll of $2,900. This business opportunity will include a long-term commercial lease agreement of which the owner will negotiate with the purchaser. The business is active seven days per week, with hours from 6:00 am to 11:00 pm. This is a wonderful business opportunity for a first-time owner. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this purchase projects to supply a consistent investment return to the owner operator prior to debt service. 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.

Detailed Information

Real Estate:
Leased
Building SF:
1,355
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Growth & Expansion:
The business presently has a limited marketing plan for corporate fuel accounts and if improved can further develop the business bottom line net income.
Support & Training:
The seller owner will remain after closing and supply training
Reason for Selling:
The sale is due to owner’s absenteeism.
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(from currently available funds)
 
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Ron Cervelli

Business Listed By:
Customer Service

Regal Consulting Corp.

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