High Volume major gas station franchise located in Northern New Jersey, Morris County. The owner has elected to sell after many years in business at this particular location. The business pumps 1,050,000 gallons yearly with $.25 cents as an average pool margin. The business also average $295,000 yearly in auto repairs representing a substantial net income to the owner operator. this franchise is a national wholesaler of gasoline and is rated number 2 in the United States. The sale includes a fully turnkey operation, with multiple pumps, various underground tanks which the franchisor is responsible and various high capacity built in equipment. The site has private parking on site for 15 - 20 vehicles as part of the lease agreement. The business is operational seven days per week with hours from 6:00 am to 11:00 pm. The business has a municipal license to conduct business and is franchised approved. this business will supply a franchise agreement plus a long lease and a monthly rent of $8,700. The business has a full staff of experienced employees who are unaware of the pending sale and expected to remain post closing. The facility has been approved by the franchise Corp for conversion to a Convenience store which can further improve the business income. The seller has price the business aggressively and will supply financing to a motivated qualified buyer. Please contact for further details of sale.
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- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.