Branded Gas Station and C-Store - 29527

Contact Seller
Branded Gas Station and C-Store - 29527
Asking Price:
$209,900

Gross Revenue:
$325,000
Cash Flow:
$78,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

This gas station underperforms in so many ways- and that means huge growth opportunity for a buyer. Located in Monmouth County, this branded station sits on a large, prime corner lot on one of the busiest roads in the state. Its convenience store offers lottery, coffee, newspapers, cigarettes, an ATM and snack products.Across from a bus station, this convenience store serves commuters to and from New York,many of whom pay to park their car and ride. Opportunity #1: Gas is acquired on consignment rather than bought and sold as is the case everywhere else. Pricing at the pump is controlled by the major oil company and the merchant receives 9.5 cents per gallon commission for each gallon sold. More typically, gas stations purchase the gas and sell it at 18 to 22 cents per gallon gross profit, twice the amount this station owner receives. Conversion from consignment gas to purchased gas would add gross profit of about $50,000, annually. Opportunity #2: Adding diesel fuel would increase gross profits an estimated $60,000, based on past sales at this location. The profit margin on diesel gas is about 30 cents per gallon. Diesel was sold at this station before the owner decided to reduce volume and payroll. Opportunity #3: Opening two hours earlier each day would add significant in-store sales, regular gas sales and diesel gas sales alike. The station sits on a busy highway, and trucks travel in the early hours without many diesel gas choices. Because of its size, visibility and easy on/off two-street corner exposure, this station would attract quite a substantial business. The seller is retiring. Offered on a "first come, first served" basis. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

About the Business

Number of Employees:
2
Website:
www.vestedbb.com
Contact the Seller

About the Sale

Training/Support:
Yes
Seller Financing:
209,900.00 Down & All Cash

Listing Info

ID:
1580153
Ad Detail Views:
0

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

 Show Phone Number

View My 2383 Active Listings
U.S. Census Data for Middlesex County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Middlesex County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.
;