A branded gas station is located on a major highway in Passaic County, NJ. It pumps 40,000 gallons a month, with .50 cents profit margin on a gallon. Sells diesel too. Rent is $3200 a month; a 9 years lease. Very low gas deposit: $7000. 100% absentee. A perfect situation for a first time gas station buyer who is also willing to work by himself. Seller's net cash flow, after paying all the bills, is over $25,000 a year.
- Asking Price:
- $85,000
- Sales Revenue:
- $1,320,000
- Cash Flow:
- $25,000
Business Operation
- Reasons for selling:
-
100% absentee
- Employees:
- 1 FT/1 PT
- Years established:
- 27
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $10,000
