8 Gas Stations for Sale in Camden County, NJ-24818

Not Disclosed, NJ
Camden County


Asking Price: Annual Revenue:
$800,000 $2,000,000

Automotive & Boats: Gas Stations


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RE: 8 Gas Stations for Sale in Camden County, NJ-24818 Broker: Howard Nevins

Quick Facts

Asking Price: $800,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $780,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 90744447
Broker Reference #: 24818

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Business Overview:

Unique opportunity to purchase a portfolio of 8 unbranded gas stations, which are all located in southern NJ and within close proximity of each other. These 8 stations currently pump over 700,000 gallons a month with a blended margin of 0.20 cents/gallon. The current owner will stay on as the landlord and is offering a triple net lease of $52,000 per month for all 8 stations. The terms of the lease will include 4 consecutive five-year leases (20 years total) and the new buyer will have the right of first refusal to eventually purchase the land. The current owner will guarantee EPA status for all locations, up through purchase of the business, which will help for an efficient transition. There is an area manager that oversees all day-to-day operations and would be willing to stay on with new owner. The station employees will also be available to stay on. Potential buyers must have experience in the gas business and know how to run and operate a multi-location opportunity. Also, any potential buyer needs to show POF in excess of $1mm prior to contacting or meeting the current owner. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retiring

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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