Absentee Operated Gas Station in New Jersey
LISTING ID # 36541
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ. It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month. Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest. A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year. Call the broker, for more information.
Financials (USD)
Asking Price $880,000
Cash Flow $285,000
Sales $2,212,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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