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Listed by:

Regal Consulting Corp.

Gas Station & Property For Sale

Old Bridge, New Jersey, US
Asking Price:
$995,000 Furniture / Fixtures included
Sales Revenue:
$1,250,000
Cash Flow:
$150,000

Potential opportunity for EB-5 US Visa Investor
Profitable gas station business opportunity for this independent fuel station and two bay autos that are rented, with a gross rental income at $72,828 yearly. This fuel gas station which includes the real estate is conveniently near to numerous active highways. The business produces consistent fuel sales with a high pool margin and a consistent profit to the owner operator. The facility has no environmental concerns, this is a dependable safe business opportunity and expects to supply a consistent return on investment to the owner operator.
For Qualifications purposes, this business opportunity and industry does not require state government licensing to purchase other than the standard required municipal licenses.

Property Information

Real Estate:

Real Property Included

Location:

This opportunity is located in Central Northern New Jersey, Middlesex County, which consists of highly populated communities with continue demand for this retail fuel product. The site consists of approximately one-half acre and the facility consist of a two fuel pumps, two bay garage, full canopy, office, storage, and bathrooms representing 1,900 square feet. The business is on an active county road near to numerous malls and various other commercial active and successful businesses. The property consists of .58 acres and property taxes are approximately $8,500. Assessment - Land: $90,000.00 Improved: $79,000.00 Total: $169,000.00. 2020 Estimated Taxes: $8,504.08 Tax Rate: $50.32 Ratio: 41.11

Size in square feet:
2,100

Business Operation

Expansion Potential:

The business can be further expanded by the new operator, by developing corporate accounts, ATM, increasing the exterior products to purchase and improving the web site and if improved can further develop the business yearly gross sales.

Competition / Market:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reasons for selling:

The purpose of this business transaction is due to the owner retirement after many years in the retail fuel industry.

Trading hours:

This gas station and business operation is active seven days per week, with hours from 6:00 am to 11:00 pm.

Employees:
Regarding employees and payroll, this auto fuel gas station business has two employees and one employee working at any given time. The staff are unaware of the pending sale, the payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing.
Years established:
2010

Other Information

Support & training:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$20,000

Contact Regal Consulting Corp.

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