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Branded Gas Station With Rental Income In New Jersey For Sale

New Jersey, US
Asking Price:
$850,000
Sales Revenue:
$3,720,000
Cash Flow:
$250,000

LISTING ID # 36115

A huge branded gas station with great rental income and low rent is located in a suburb of a crowded community in Union County, NJ. Pumps over 100,000 gallons a month, with .18 cents profit margin on each gallon. Rent is $4800 a month, guaranteed rental income is $10,000 a month, payroll is just $7,000 a month, and it is 100% absentee business. A very generous seller financing for 36 months without interest. A once-in-a-lifetime opportunity to buy this kind of business with attractive cash flow and appealing financing. After paying all the expenses, the seller's net cash flow is $250,000 a year.

Business Operation

Employees:
2 FT/1 PT
Years established:
30

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

450,000.00 Down & balance of $400k for 36 months @ 2%

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$5,000