Branded Gas Station Pumping 80k Low Rent
Branded Gas Station Pumping 80k Low Rent 9-Year Lease For Sale
Branded gas station located on a major road with a high traffic count of commercial and residential customers that keep this location very busy all day long. The property is clean, has good tanks, has no history of environmental issues, and the landlord is responsible. The station is being sold with a fuel contract in place at GULF Unbranded, which is only 1 or 2 cents more than unbranded fuel. This station has a history of pumping 4,000 gallons a day in the busy months of May, June, July, and September, with all Ruby reports in hand to prove volume. The station is currently pumping 70–80,000 gallons a month at a pool margin of.28 cents. All numbers are in hand to prove volume and pool margin for this gas station. The current owner has priced the station under market value at $175,000 for a quick sale. The seller has just invested over $6,400 in a brand new air-vac combo machine that accepts credit cards. The station also has a kiosk that, in the past, when the sellers were more involved in the business, was netting over $1,500. This station has very low overhead between payroll, rent, etc. expense of $15,000. Let's do the math: 75,000x. 28 = $21,000; now $21,000 minus $15,000 = $6,000 in net profit, right? The station is being run 100% by owner absentees, so that's $6,000 a month ($72,000 YR) for doing nothing. All historical numbers can be proven, and the owner has all the paperwork in hand, so shop with confidence. This station is perfect for family-run business with the Police Department right across the street, making it one of the safest stations in NJ. The station is being sold with a new lease for 9 1/2 years, and the rent is $6,000; make an offer; no reasonable offer will be refused. There is also an office that could be turned into a little snack shop, which years ago was a snack shop, so the process of getting a CO with the state shouldn't be an issue.
Financials (USD)
Asking Price $160,000
Cash Flow $72,000
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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