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Asking Price:	$450000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	Retirement / Other investments
Year Established:	2003
# of Employees:	4
Yearly Cash Flow:	$200000

Business for Sale Overview:

Our client is successfully operating a gas station with three service bays on a major highway in central Monmouth County. The gas station (pump volume at 800,000 to 950,000 gals) has a franchise agreement in place with one of the top three brands - with a significant repeat business due to car dealerships close by. Further, the service station provides repairs and detailing services out of three bays. In addition, the owner successfully operates a small used car trade from the property. The franchisor is looking to expand the facility to provide a c-store operation, between 250 sqft to 2400 sqft size (depending on the operator preference), and will completely finance the investment. The franchisor has also made the property available for sale, if of interest. Profitability is projected to increase by 25% to 50% due to the c-store business (and gas sales typically double w/ a full store) The seller has experienced consistent revenue in the past three years, with the significant increase projected due to the c-store. However, the seller would like to focus on other businesses that he owns and thus, wants to sell. The facility is pre-qualified on a SBA lending base, and with only $190k down payment a buyer will obtain $160,000 in Sellers Discretionary Cash Flow AFTER debt service. *** ALL DATA BASED ON SIGNED TAX RETURNS ***

Property Features and Assets:

Our client is successfully operating a gas station with three service bays on a major highway in central Monmouth County. The gas station (pump volume at 800,000 to 950,000 gals) has a franchise agreement in place with one of the top three brands - with a significant repeat business due to car dealerships close by. Further, the service station provides repairs and detailing services out of three bays. In addition, the owner successfully operates a small used car trade from the property. The franchisor is looking to expand the facility to provide a c-store operation, between 250 sqft to 2400 sqft size (depending on the operator preference), and will completely finance the investment. The franchisor has also made the property available for sale, if of interest. Profitability is projected to increase by 25% to 50% due to the c-store business (and gas sales typically double w/ a full store) The seller has experienced consistent revenue in the past three years, with the significant increase projected due to the c-store. However, the seller would like to focus on other businesses that he owns and thus, wants to sell. The facility is pre-qualified on a SBA lending base, and with only $190k down payment a buyer will obtain $160,000 in Sellers Discretionary Cash Flow AFTER debt service. *** ALL DATA BASED ON SIGNED TAX RETURNS ***

Market Competition and Expansion:

Competition: Very Little Growth and Expansion: Tremendous, by way of aproved c-store (which franchisor will finance), and significantly increased gas sales.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.