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Business For Sale
7490 - GAS / REPAIR
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Asking Price: |
$1,200,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Retirement. |
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Year Established:
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1971 |
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# of Employees:
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8 |
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Yearly Revenues:
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$3,382,000 |
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Yearly Cash Flow:
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$264,000 |
Business for Sale Overview:
South Jersey. Independent Gas Station Operators!! Month to month contract on branded Gas Station with approximately one acre of land INCLUDED. Five repair bays could be converted to BOTH a Car Wash and Convenience Store. 3 Bays formerly a Car Wash and quotation on hand to outfit facility. Car Wash could be big winner in this marketplace. Rapidly growing community. Residential and commercial growth. Currently they sell approximately 95,000 gallons per month, with a pool margin of 11 cents, PLUS a 4 cents per gallon rebate. State Inspections and Towing. Owner willing to rent bays during transition. Monthly repairs of approximately $50,000 with a gross profit of approximately 65%.
Additional Details:
- The property is owned.
- 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.
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