Gas Stations & Convenience Store - Great Locations

Butler, NJ
Morris County

MAJOR ROAD SITES HIGH VOLUME COMBINED STORE


Asking Price: Annual Revenue:
$350,000 Not Disclosed

Automotive & Boats: Gas Stations


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RE: Gas Stations & Convenience Store - Great Locations Broker: Jose Pagan

Quick Facts

Asking Price: $350,000
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 #: 882556097
Broker Reference #: LUKOIL PACKAGE

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Business Overview:

This package is a once in a lifetime opportunity to get into a well establish Fuel company that has been in this city for years. These 2 gas stations are being sold as a package with both stations having convenience stores that range from 1,000 Square Feet - 1,500 Square Feet with all new updated POS system and everything in working condition. Basically the current seller is having some personal issues which have his focus and attention somewhere else. With that being said sucks for him and someone is going to get a good deal at a huge discount his loss your gain. The history of both sites are as follows the seller purchased both sites 1 or 2 years ago for all in with deposits close to $700,000 and now $350,000 for both not including deposits.. The seller ran the station 100% owner absentee and having no experience really didn't help and now here we are. The sites are in need of new management with an experience operator to take these 2 gas stations to where they need to be. These 2 locations being ran as is (by the employees) are still doing well with a monthly average of $145,000, Lotto $50,000 in sales combined. The gas portion of the station is as follows both sites have huge canopies that cover 7-6 updated MPD's at each station with updated canopy and LED Lighting on both sites. The station both combined pump an average of 190,000 gallons a month with a pool margin of .10 -.15 cents per gallon and selling all grades of fuel. The stations are being sold with a standard fuel company PMPA lease which automatically renews every 3 years and a combined rent of $24,500(10,000 + 14,500) includes all. There is also a fuel deposit required from the fuel company ($125,000) that is 100% refundable to buyer when selling of both or individually. These 2 gas station are located in the county of Morris and in the city of Butler, Riverdale. MAKE AN OFFER - BEING SOLD UNDER MARKET VALUE - THESE SITES ARE ON MAJOR ROADS - LOYAL CUSTOMERS BASE - WELL KNOWN FUEL COMPANY - GREAT PRICE FOR 2 GAS STATIONS.

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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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