Unbranded Gas Station Net Profit: $100K Rental

Unbranded gas station Net Profit: $100k Rental Income: $42k for Lease

For sale in Middlesex County, New Jersey, is this little powerhouse of an income-producing station. The station has a small convenience store that generates $25,000 in sales every month. The seller has been running this station for over 14 years now, works part time in the store 9–3 during the week, and is now looking to retire. The gas portion of the business is doing extremely well, with a net profit of super/plus one dollar per gallon. The station has been making a dollar on this grade of fuel for years and has all the paperwork to back that dollar margin up. This station has no canopy and two MPD's that are pumping 25,000 gallons a month with the regular grade of fuel at a 15-20 cent margin. The station also comes with a tenant in the repair shop who has been there for over 6 years and pays $3,500 a month in rent. The choice is yours to keep the tenant; if you want to run the repair shop, you can have no issues here. The property is owned by a fuel company that supplies the fuel here at the station, and according to the current operator, the pricing is very good. The new buyer will be getting a PMPA lease, which automatically renews every three years. The current operator has this lease (PMPA) and has been here for over 14 years, so shop with confidence. You can be here for as long as you want. The station is being sold with a triple net (NNN) PMPA lease, and the rent of $5,500 includes property taxes. The seller has a net profit of $100–110,000 a year with all the paperwork in hand and will show it to the right qualified buyer. The station also has a propane fuel tank that is included in this deal and has been netting the current operator $55,000 a year. The station is being sold for $125,000 for a quick sale. There is also a $25,000 deposit required by the fuel company and a standard credit check for the new potential buyer.