New Jersey Business For Sale

BP station with Mechanic shop & C store

Morris County, NJ

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
Not Disclosed
$211,608
$211,608
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
25
4
193614750

Business Overview:

BP station with 2 MPDS, canopy, 2 bays and nice size c store. Located on a major road right off the highway. Been in business for a long time but the store has been renovated. Does very solid business with the Mechanic shop. Very loyal customers and mechanics will stay even after new owner takes over. The station runs by a manager so the new owner does not need knowledge on how to run a mechanic shop. The gas supply is from a dealer that has a contract with BP. So new owner does not need BP approval. There are 1 cent rebate for any volume over 40,000 G//M then jump to 2 cents for over 85,000 G//M then 3 cents if above 100,000. After 8 more years owner will have the right to buy gas from any where. Lease is flexible since owner is the landlord. Property is also for sale with some owner finance available. There are 2 updated 10k gallons tanks with blender. We can even do sale with option to buy the property.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

2 MPDS, canopy, 2 bays and nice size c store. The store has been renovated. Lease is flexible since owner is the land lord. Has 20 parking spaces.

Market Competition and Expansion:

normal, Lottery machine is coming and c store is growing day by day.

Reason for Selling:

moving out of state

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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