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Branded Gas Station With Repair Shop And C-store In New Jersey For Sale

New Jersey, US
Asking Price:
$525,000 Inventory / Stock included
Sales Revenue:
$3,425,000
Cash Flow:
$250,000

A branded gas station with a repair shop and a convenience store is located in a crowded neighborhood in Mercer County, NJ. The seller has owned it for over 12 years.

The rent is $6500. The repair shop is operated by a mechanic who shares 50% of the profit with the seller. It pumps 60,000 gallons a month, with a 60-cent profit margin on each gallon.

The store also has smoke shop merchandise, which does well. The seller has a domestic issue; he must sell it. A great location, a neighborhood gas station, an excellent cash flow. Seller financing is available. After paying all the expenses, the seller's net cash flow is $250,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/1 PT
Years established:
27

Other Information

Support & training:

Seller will train

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

300,000.00 Down & A note of $225,000 at 7% for 24 months.

Furniture / Fixtures value:
$90,000
Inventory / Stock value:
$10,000 - included in the asking price