Beautifully maintained new gas/convenience operation on well traveled state highway in Northern New Jersey. Complex has hit gas company projection in 6 months. Sells over 200,000 gallons monthly. Store does $80,000 monthly. Sells hot food, coffee, cigarettes, in 2,800 square feet. Dunkin Donuts looking to take over 600 square feet giving a % for gross for rent. Lottery coming in 6 months. This store/gas setup is a prototype of future stations to be put up by this brand mane property owner. Cost of putting everything together was over $1,800,000 within two years of operation place should be doing double the volume gas/convenience plus double the profit. Station consist of one double sided long island with 4 gas pump station twelve double sided pumps. 500 care credit card transactions daily serves over 800 cars daily. Huge long canopy over head. Gas company has no control over pricing. Gas sales constantly improving. There is virtually no gas station competition on highway in area- All station located within towns border highway. No discounter in entire area. Gas company requires 50,000 interest bearing franchise fee. Entire place has cameras, computer system and well laid out store with giant refrigerator (12 door) has hot food and large coffee section. This place needs an active on sight owner operator. Profits can be really huge. At present owner only pays half rent shown for 1st year. Operator takes out salary of $75,000.
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Property Features and Assets:
Brand new gas station 20 car parking, 2,800 square feet convenience store. Owner has 3 year lease experienced operations can obtain same also.
Market Competition and Expansion:
No competition near by whether branded or non-branded. This facility has a few years head start over any brands that want to develop in area.
Reason for Selling:
Present owner has several businesses in other area
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.