Highway Station..Unbranded Gas Station For Sale

Hazlet, NJ
Monmouth County

Busy Gas station located on major highway for sale

Asking Price: Annual Revenue:
$160,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: Highway Station..Unbranded Gas Station For Sale Broker: Jose Pagan

Quick Facts

Asking Price: $160,000
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 #: 531356097
Broker Reference #: 161 NJL

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Business Overview:

Highway Station..Unbranded Gas Station with 1,500 Square Feet Convenience store Long Lease 17 Years low Rent For Sale. Unbranded gas station located on major highway with plenty of traffic flow over 20,000 cars commercial/residential a day travel this road. This station has all upgrades done everything from the tanks (DWF) and the 1,500 sf convenience store that is big enough to add food franchise which would help with customer flow and revenue. The current operator has invested over $40,000 in making the store legal and adding coffee island, soda machines, POS system, and products. The store has just opened about 2 days ago and it's going to take a little time before the customers even know that it is opened. The history of the store is that it has never been fully stocked and was only at one point just selling cigarettes and car oil. This store with the right experienced operator could generate over $30,000 a month in revenue (cash flow) with no problems. The current seller has been running the location with family members who are no longer living in the state of NJ and now its making it difficult to manage. This location has full canopy with new led gas price lighting on both sides of the canopy for easy viewing from far for customers on the highway. The station has 2 updated MPD's that are in working condition and are currently pumping an average of 70,000 gallons a month at 20 cents per gallon with cash and credit at a 10 cents difference. The gas station is being sold with No fuel contract in place and with a 18 year lease with a rent of $6,200 includes all. This station could be branded to Sunoco with new operator receiving up front cash ($50-60,000) from fuel company We can Help. THE ASKING PRICE INCLUDES THE RENT DEPOSIT 0F $22,000THE LEASE TRANSFER FEE OF $7,500 THAT'S $29,500 OFF ASKING PRICE 160,000 - 29,500 = $130,000 FOR BUSINESS WITH 18 YEARS LEFT ON LEASE, NEW 1,500 SF Convenience STORE ON MAJOR HIGHWAY.

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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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