Business For Sale

HWY Unbranded Gas Clean Property C-Store

Keansburg, NJ
Monmouth County

HIGHWAY PROPERTY. Unbranded Gas Station Clean Prop


Asking Price: Annual Revenue:
$1,670,000 Not Disclosed

Automotive & Boats: Gas Stations


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RE: HWY Unbranded Gas Clean Property C-Store Broker: Jose Pagan

Quick Facts

Asking Price: $1,670,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 632156097
Broker Reference #: NBG 161 NJP

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Business Overview:

Listing Information
Listing Owner - Jose Pagan
Listing ID- NBG 161 NJP
Brand of Station - UnBranded
Fuel Contract In Place - No
Property for Sale - Yes
City - Keansburg
County - Monmouth
State - New Jersey
Zip Code - 07734
Description Information
Description
HIGHWAY PROPERTY. First Time on the Market is this big Unbranded gas station that is sitting on 3/4 acre lot and located on a Major highway with a very heavy traffic count over 20,000 cars a day. The station is currently running 100% owner absentee for the last year 1/2 with only 2 employees with very little overhead and business is doing ok with store sales of $6,000 (Propane Included) a month at a very high-Profit margin of 50% ($3,000 Net) Cigarettes rebates/Lotto commission - $500 with plenty of room for improvements. The new owner could easily bring this 2,000 sf convenience store from $6K to 80K just by adding a food franchise/Deli (Better Management) or maybe even a smoke shop there is plenty of room. The gas portion of the business is as follows full updated canopy with 2 MPD's that are pumping an average of 70,000 gallons a month at a 25 cent Pool Margin ($17,500 Just Gas) ATM/Air/Vac/Closing Bin $500. This location also has 1000 gallon propane tank on site that pretty much covers the whole neighborhood. The Propane cost is at $1.75 a gallon and this station could fill any size tank and RV's at 5$ per gallon ($3.75 Per Gallon Profit Margin) with No Competition in sight for the propane which is only using 1/4 of the total store space. The station has a fenced-in parking lot in the back of the building that the current tenant has a lawyer working on getting the permits and plans to make it legal to park cars. There are 3 companies looking to park vehicles and sign a long-term lease there now and hopefully, by the end of the year the Permits/ Plans would be approved and the new owner could collect over $6,000 a month on parking. The station has no environmental issues and could be financed through any Bank and with the right operator/Family this is true turn Key Business set up to do Business for another 40 years. There is currently a tenant in place here for 18 years that is going to be bought out by the seller that is included in the asking price so bid with confidence nothing to hide here. The station will be delivered to the new buyer with No Fuel Contract attached and Free and Clear of tenants and remember Major Highway Site with clean property in New Jersey. Make an Offer.
Financial Information
Monthly Store Sales - $6,000.00
Lotto Sales -$15,000
ATM/Air/Vac - $500
Gallons Per Month - 70,000
Pool Margin - .25
Carwash - None
Repair Shop - None
Employees - 2
Cash Flow - $104,400
Asking Price - $1,670,000

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Property Features and Assets:

HIGHWAY PROPERTY. Unbranded Gas Station Clean Property Full Canopy Convenience Store for Sale.

Market Competition and Expansion:

HIGHWAY PROPERTY. Unbranded Gas Station Clean Property Full Canopy Convenience Store for Sale.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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