Pemberton NJ: Gas Station Package Deal

Business Overview:

a package deal of 2 stations: one branded (Exxon) and the other unbranded. Exxon has 4 MPDs, a canopy, and pumps an average of around 65,000 gallons per month, with a high diesel volume of 35,000-40,000 gallons per month and a 35-cent pool margin. Comes with a supply agreement for 8 more years, rack minus 5 cents. The station has a canopy and 3 bay garage THAT CAN BE RENTED, but the rent will go to the landlord. 3 DWFG tanks: 16,000 Regular, 8,000 Super, 10,000 diesel. The station is located on a very busy corner, surrounded by lots of anchor franchises and stores, with Plenty of traffic daily. The second location is a no-brand station that pumps an average of 55,000 gallons per month and is located less than half a mile from the first gas station. It has 3 MPDs and also sells a good amount of kerosene. It has 3 tanks and has a rented 3-bay garage. Both come as a package deal. It could be purchased with property for $3M (In that case, owner or bank financing available. 3 bay garage can be converted to c-store. The landlord will bear 50% of the conversion cost and spread this amount over five years, with the lease extended for an additional five years. There is an option to rent the garage for an additional $4,000/m for the Exxon station

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Reason for Selling:

personal. Kindly ask the seller for more information.

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