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Absentee Run Gas Station In New Jersey For Sale

New Jersey, US
Asking Price:
$230,000
Sales Revenue:
$2,934,000
Cash Flow:
$121,000

LISTING ID # 35327

A very busy branded gas station is located in a crowded area in Union County, NJ. It pumps 3900 gallons a day, with a .19 cents profit margin on a gallon. Rent is $6,000, with a 10 years lease. It is a 100% absentee business; the seller owns several businesses; he finds it hard to supervise it. The gas station has a decent-sized convenience store; it can be laced with numerous items plus lotto to generate more revenues. Do not miss this excellent business opportunity. After paying all the expenses, the seller's net cash flow is over $120,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/1 PT
Years established:
24

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$20,000