New Jersey Business For Sale

A Million Dollar Opportunity Truck Stop & Dinner

Salem, NJ

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$150,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1961
0
59614750

Business Overview:

15 desiel pumps and 2 gas pumps will be in place (by tenant). Seller have a proposal for refurbish pumps all with replacement and installation for about $170,000 (will be paid by buyer) approved plan for demolishing existing c store and build brand new restaurant (dinner) or nice size c store. Rent will be 7k to start+ RE taxes then increase .First 6 month free rent. One year security deposit required for the rent. Truck Scale is in place in a good working condition. Canopy is in place and 2 major hotels will be built with in 2 years. Plenty of major wearhouses are in the area with over 450 trucks only . 4 other major trucking companies are also with in 1-2 miles away from the truck stop. Located on a major highway. 2 highway electric pools are in place. Lease is 49 years. We have all necessary Doc to prove that the station was doing more than 8m gallons of diesel before it was closed and can only do more now because of the trucking companies that are in the town now. All town approval is in place. New tenets need to install tanks since existing tanks has been removed. This is a million Dollars opportunity….need to move on quickly

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:

Located on a major highway. The truck stop have 3x20k diesel tanks, 2x10k gasoline tanks. Fiber Double wall and passed all state requirements and inspection. 15 Diesel Pumps, 2 Gas pumps. Long lease is 49 years.

Market Competition and Expansion:

Normal, 5 Major trucking company are in town .Major food company with over than 150 trucks is in town already and the location is in need for a truck stop so badly

Reason for Selling:

Land lord is Not in this type of business

Additional Details:

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

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