Owner Financing is Available!
Business Overview:
Profitable high volume franchise Gulf Gas station with a huge Convenient Store is located in an active area of Passaic County, NJ. This fuel station has gross gas sales of 2,000,000 gallons yearly and $600,000 gross sales from the C-Store. The business produces high volume Lotto and ATM sales. The gas station is two years young, with a clean modern appearance and located on an active county road with high volume traffic. The business has three double wall two year young fuel tanks consisting of 20,000 gallon, 8,000 gallon and 12,000 gallons. The business has four pumps, upgraded automatic line leak detector monitoring equipment with no environmental issues. The franchise agreement is twenty years and all equipment up keep-repairs is the responsibility of the franchisor and not the tenant. The sale includes a full C-Store including various displays, walk in refrigeration and freezers, counters and all equipment required to operate this fuel station business. The C-Store has a legal capacity for 46 customers consisting of 1,600 square feet, on one main floor with no basement. The sale includes private parking for ten vehicles as part of the lease agreement. The business is operational seven days per week and twenty four hours daily. The business is franchise & Lotto approved and a municipal approved to operate. The business has a long term commercial lease with a monthly rent of $13,000. The sale includes a long term commercial lease agreement. This is a solid opportunity that can be further improved with on site ownership.
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:
The business location is 10,000 sq. ft. as a free standing building with various entrances. The facility consists of 1,600 sq. ft. in an attractive modern two year young building with private parking as part of the lease agreement. The C Store is ultra modern and two years young with all modern equipment.
Market Competition and Expansion:
No other similar fuel stations with C-Stores are in this particular area and the seller will supply a non compete agreement to the new operator. With onsite ownership and continued good service this business will improve representing a higher net income to the owner operator.
Reason for Selling:
The seller has another fuel station out of area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.