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7288-Gas Station/Convenience Store
| Asking Price: | $360,000 | Inventory: | $60,000 ** |
| Gross Revenue: | $6,248,000 | Real Estate: | n/a |
| Cash Flow: | $121,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This is a beautiful gas station situated on a very busy state highway with an extremely high traffic count. It's located in an extremely affluent area of southern New Jersey. Large property with parking for 19 cars. They have a very large convenience store. They have 14 pumps (12 gas and 2 diesel. Very busy station with 1,700,000 gallons per year at a 14.5 cents pool margin. The convenience store sales are approximately $60,000 per month at an approximately 29% gross profit margin. Great growth potential of adding a franchise like Subway or Blimpie, or even a coffee franchise. Kwik Farms is a franchise mostly concentrated in Lukoil gas stations. Royalties are 6% of gross store sales, excluding cigarette & lottery sales. Buyer pays the transfer fees of $7,500 to Lukoil, and $20,000 to Kwik Farms. Great opportunity for an aggressive owner/operator to make a lot of money. The other most essential ingredient of this whole package is that financing is available for a qualified buyer with approximately $300K down. Cash flow is for one FT owner/operator.
About the Business
Year Established:1989
Employees:5 full time - 1 part time
Franchise:Yes
About the Sale
Management Training and Support:2 weeks
Reason For Selling:Retirement
KEYWORDS: gas station, convenience store
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Current Search
State: New Jersey
County: Burlington Next Listing: 7288-Gas Station/Convenience Store
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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