Owner Financing is Available!
Business Overview:
Attractive absentee run brand name gas station with extreme large canopy, pumps over one hundred and fifty thousand gallons per month (150,000). Located on West bound of extremely busy state highway in Somerset County. Does over 150,000 gallons per month at 12.6 cents profit gross profit $226,800. Two employees and if owner operator were to replace one, net profit would be over $100,000 yearly. Brand of gas does not require schooling only restriction 40,000 gallons per month has to be purchased from main Supplier at 1 cent above cost. Station has two islands with total of four pumping stations with cars waiting to fill up constantly. Lease is great 19 years goes up only $250 per year. If new buyer wants to expand into surrounding garage, possibility of lease arrangement exists. For further information please contact Vito Mastromonaco
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:
Attractive name brand gas station on 22 West – 19 year lease only goes up $250 per year
Market Competition and Expansion:
Competition - Although there are several stations in the area, this station has the line back ups and pumps out big time gallons
Expansion - If principle buyer wants to take over repair bay facilities behind station, garage available on short term lease basis with options
Reason for Selling:
Other interests
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 not a franchise resale opportunity.
Resources: