Exxon gas station

Not Disclosed, NJ
Warren County


Asking Price: Annual Revenue:
$4,750,000 $1,200,700

Automotive & Boats: Gas Stations


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RE: Exxon gas station Broker: corporate business Brokers

Quick Facts

Asking Price: $4,750,000
Annual Revenue: $1,200,700
Net Profit: $252,758
Cash Flow: $252,758
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $4,750,000
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 841314750
Broker Reference #: 00923

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Business Overview:

Exxon gas station located on 2.5 acres on a busy highway, it has 4 MPDs(newly renovated) with large size canopy and has 4 Bay garage . propane fueling tank and Convenience-Store that does very well in sales. The station pumps around 120,000 g/month and used to do 150,000-160,000 in the past. next to the station a new anchor supermarket will be opening soon which will help in bringing the gas volume back to 150,000-160,000/month with profit margin of 25cents. The garage on the other hand does very well and generate $60,000-$65,000 per month, very profitable income and the mechanic will stay with new owner if they get what they are getting now. it also has a filling propane station, sells cylinders and fill in trucks, that does very well every month with high margin selling propane. The C-Store does about $60,000-$65,000 per month excluding the Lottery. New buyer can expand the store by converting 2 existing bays into C-Store and build an additional 2 Bays on the premises which current owner has started already and plans has been discussed. 3 DWFG tanks that were built in 2014. The station will come with no supply agreement but has to remain Exxon till 2027.

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Reason for Selling:

Personal

Additional Details:

  • 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.

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