Hot Listing

Convenience Store & Gas Station doing 90,000 Gallons a month in NJ

Asking Price$299,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,490,000

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Convenience Store & Gas Station doing 90,000 Gallons a month in NJ


Asking Price$299,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,490,000

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Prime Location Gas Station & Convenience Store is located in a busy town within Passaic County, NJ. The gasoline volume is 80,000 to 90,000 gallons per month,average at $0.22 cents per gallon for regular at $0.40 cents per gallon for premium,convenience store does around $20,000 to $25,000 a month. Additional income is generated from lottery comm doing $18,000 to $19,000 a month & ATM doing $1,800.00 a year. Other Misc. Income: $3000.00 per month average is generated from auto repair shop with yearly sub-lease .Seller has been in the business for more than a decade and are motivated to sell the business as they plan to retire. (Please Note): Prospective buyers must have existing gas stations to qualify and experience in the C-Store businesses in new jersey so as to get approved from the Lukoil Gasoline Company, they will have to go thru complete approval process. NOTE: In order to show the location, potential buyers will sign NDA means Non Disclosure with Photo ID means DL, and P.O.F., means 3 months Bank Statements. Please don't miss out on this great opportunity!
Call Now @ 1-732-896-1037 for more information.
No co-brokering, please .
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.
About the Business
Years in Operation
11
Number of Employees
3
Facilities & Assets
Assets include all equipments that includes freezers, furniture & fixtures.
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Retiring
Transition Support
Seller will provide complete training and support/All staff is willing to stay
Listing Info
ID
2402358
Listing Views
829

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2402358 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 of Use. Learn how to avoid scams.


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