Gas Station with Busy Convenience Store For Sale

Hillsborough, NJ
Somerset County

Unbranded High Volume Gas Station For Sale

Asking Price: Annual Revenue:
$295,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: Gas Station with Busy Convenience Store For Sale Broker: Jose Pagan

Quick Facts

Asking Price: $295,000
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: 3
BBN Listing #: 635156097
Broker Reference #: NBG 144 NJL

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Business Overview:

Unbranded High Volume 160,000 Station On Major Road With Long 15 Year Lease. Unbranded gas station located on one the town busiest roads with plenty of commercial and residential traffic. This station has been this neighborhood for over 50 years and has been fully updated with new canopy, Tanks (DWF) and all 8 MPD's have Pay at The Pump card readers. The station was built on a 1/4 acre lot with easy in and out for customers and commercial Trucks. Most of the traffic is residential customers that keep this station very busy and pumping 160,000 gallons a month at a Pool Margin of 22 cents. The little convenience store is a power house selling $10,000 a month at a very high margin. The seller has been running this location for serval years now and looking to retire and just collect rent. The seller claims a monthly net of $10,700 which includes Rent, expenses and real estate tax all paper work in hand. The new buyer will receive the station with no fuel contract and rent starting at $18,000 with a long 15 year Triple Net lease. Unbranded - No Fuel Contract - Net Cash Flow $128,400 - Being Sold Under Market-value - Quick Sale - Make An Offer

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Market Competition and Expansion:

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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.

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