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Asking Price: $100,000

Unbranded Gas Station with a Convenience Store

Phillipsburg, NJ
Warren County

The gas station was built on a 3/4-acre property with a 1,300-square-foot convenience store that was recently renovated. This store had over $30,000 in upgrades that included a brand new floor, shelving, counters, AC/Heat, drop ceiling,POS system, cameras, etc. The store has been open for a month now, with store sales of $400–$500 a day. The store doesn't sell lotto and other convenience store items that would do well here. The current operator has smoke shops that do extremely well, so the operator tried the same concept here. The town and area need real convenience with products like milk, eggs, bread and other products related to your traditional convenience store. The seller is looking for what he has invested in the store plus the original price that was paid for the gas station. The asking price is $100,000, with the inventory being sold separately. This store won't disappoint anyone looking for a good start on turning this convenience store into a powerhouse. Everything is here and ready for new management to come in and start making money from day one. The property is right on a major road, and there are plenty of local customers in the area who have been keeping this station busy for years. The gas station has a full canopy with 4 MPD's that are pumping over 60,000 gallons a month at a pool margin of 23 cents. The station is being sold with a fuel contract in place, with the master lease holder getting the cheapest fuel pricing for this area. The asking price includes your first load of fuel, rent deposits and tank insurance. Last and final.

Cash Flow Not Disclosed
Revenue Not Disclosed

Asking Price: $250,000

130K gallons a month $55k Store Sales for sale

Jersey City, NJ
Hudson County

New to the market is this major road location that has been operated by this seller for over 10 years. This station is a commission agent site, with the fuel company giving a net profit of 16 cents per gallon. The station is well maintained by the fuel company, with the operator not paying credit card fees, not paying for tank insurance, and not paying for monthly testing done on the station. The benefits of being a commission agent are that you have half the responsibility for the station and can concentrate on the store. This location is on a major road, and over 20,000 cars a day travel this road. The station is on a corner, with traffic coming in from both sides that keeps this station busy all year. The current seller is moving out of state and would like to sell this station for a 3-time multiple of $290,000. This location will not disappoint anyone looking for a good investment with a great return on their investment. The seller has a cash flow of $100,000 with all the rebates from the fuel company combined, and all the numbers provided can be verified. This station has a modern 2,000-square-foot convenience store that has been run by the employees, with the seller being 100% owner absentee. The store is currently bringing in $55,000 – $60,000, or $65,000 a month. With very little effort, all the customers walk in. The station has a full canopy with 4 MPD's that are pumping 130,000 gallons a day at a net profit of 16 cents. The station is being sold with a PMPA lease that automatically renews every three years, and the rent is $15,000 a month. Make an offer.

Cash Flow Not Disclosed
Revenue Not Disclosed

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