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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. Call Syed for more information.

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