Premium Brand Station-Upscale Town, Mechanic’s Dream-2 Bays, Many Opps

West Englewood, NJ (Bergen County)

Premium Brand Station-Upscale Town, Mechanic’s Dream-2 Bays, Many Opps

Asking Price:$195,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Premium Brand Station-Upscale Town, Mechanic’s Dream-2 Bays, Many Opps

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Business Description

Major Brand Gas Station thrives on a lucrative repair shop arrangement with an experienced mechanic. Located in the heart of an Upscale Township in Bergen County, the station is near a major thoroughfare with direct access to NYC and benefits from its high traffic locale.
An employee, a skilled mechanic, generates in access of $ 500,000 per year in revenues and splits 50% of all repair shop profits with absentee owner. The 2-bay garage shop features modern equipment, including a quality brand like Hunter (included in the selling price). This already lucrative business could expand if new owner is also a technician.

Spacious corner lot is well maintained with ample parking and vehicle storage, plus easy access to the 4 modern pumping points under a highly visible canopy. A C-Shop operation could be easily and inexpensively introduced in the now vacant, nicely finished store-space within the present building. A convenience store would add another revenue stream for a new, younger business oriented owner-operator.
Branded Petroleum Company absorbs many major operating expenses, such as underground storage system’s maintenance, fuel pumps, property taxes and other miscellaneous expenses associated with day to day operations.
Current absentee owner purposely maintains exceedingly high fuel prices to minimize fuel sales. Therefore, fuel part of business is sustained by just one attendant per shift, keeping payroll low, thus minimizing present owner's necessity for personal management and supervision of the business.

Needs to be seen to appreciate current value and visualize future potential.

Detailed Information

Employees:
2 f.t.
Facilities:
Spacious corner lot with ample parking and vehicle storage. Nicely finished store-space to add a C-Shop operation. Spacious corner lot with ample parking and vehicle storage. Near a major thoroughfare with direct access to NYC.
Growth & Expansion:
Much greater potential and cash performance if the new owner is directly involved in day to day operations, i.e., not an absentee owner.
Support & Training:
Reasonable time for smooth transition
Reason for Selling:
To concentrate on other primary businesses.

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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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