+Independent Station,Major Hwy,No FuelSupl Agrmt Produces Major Profit

Union, NJ (Union County)

+Independent Station,Major Hwy,No FuelSupl Agrmt Produces Major Profit
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Asking Price: Get Financing: $369,000

Cash Flow: $221,000

Gross Revenue: $359,000

EBITDA: N/A

FF&E: N/A

Inventory: $4*

Established: 1999

*not included in asking price.

+Independent Station,Major Hwy,No FuelSupl Agrmt Produces Major Profit

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Business Description

This independent-unbranded Gas and Diesel dispensing station is prominently located on one of NJ's heavily traveled major highway in Union County. A break down of the amount shown as Gross Income is actually a combination of Gross Margin (gas/diesel) and Gross Income from other sources. Monthly Average Profits from Gasoline and Diesel sales are approx. $20,950. There is no fuel supply agreement to deal with. Supplementary income of $5,200+ represents sales of soft drinks, motor oil, air pump charges, etc.) This station features an extremely busy 3-bay repair facility, rented on a month-to-month basis to a local popular mechanic for $3,500 per month.

This advantageous location, on an approx. 0.75 acre lot, enjoys an exceptionally low overhead. Total monthly rent of $5,500 is offset by the 3-bay lease, which requires the mechanic to also share other operating expense (i.e., utilities and taxes). The result is that Average Monthly Operating Expense will run a bit over $11,000, thus contributing to a remarkably high net cash flow to the owner. Bottom line - this owner enjoys almost a quarter of million dollars per year.

This station must be viewed to realize its unique business qualities.

Detailed Information

Inventory:
Not included in asking price
Employees:
1 per Shift
Facilities:
0.75 acre (approx), Highway Location, independent-unbranded gas and diesel station
Support & Training:
Sufficient for smooth transition
Reason for Selling:
Moving
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Contact the Seller

(from currently available funds)
 
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Andrey Samarov

Business Listed By:
Andrey Samarov

Martin H. Hochadel Agency

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Sponsoring Broker:
Ron Bird

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