Gasoline Service Station in Camden County, NJ - 20841

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Gasoline Service Station in Camden County, NJ - 20841
Asking Price:
$125,000

Gross Revenue:
$380,000
Cash Flow:
$108,600
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$30,000
not included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

SELLER FINANCING AVAILABLE. PRICED TO SELL AT 1.15 TIMES EARNINGS. Real Estate Available though the seller valued at 890,000 AVAILABLE AS A BRANDED OR UNBRANDED GAS STATION. LUCRATIVE AUTO REPAIR SHOP INCLUDABLE. LARGE CORNER LOT CAN BECOME INCOME PRODUCING. LONG-TERM, LOW RENT LEASE AVAILABLE. A combination gas station, auto repair shop and convenience store business located in Camden County, New Jersey is up for sale. This high-volume gas station pumps an average of 120,000 gallons per month at a gross profit of 20 cents per gallon. The convenience store is well-stocked and carries many staple grocery items and the store includes lottery and an ATM business. The sale also includes a three-bay garage which is rented out to a tenant (on a month-to-month basis) who operates a busy auto repair shop. The seller owns the property and has owned and operated the multi-unit business for 14 years. The seller is moving out of state causing the sale. The auto repair business is quite lucrative and can generate far greater profits than the rental income ($2,700/month) which the tenant now pays. Further, the convenience store is operated as a convenience for gas station and auto repair customers but it is better suited as a stand-alone convenience store since it carries grocery foods rather than the low-priced, traveler items more typical of these gas station stores. The seller is the owner of the property and he will execute a new 10 to 15-year lease at the same low rent as he now pays. Please contact the broker for further information at 1-877-735-5224.

About the Business

Number of Employees:
4
Website:
www.vestedbb.com
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About the Sale

Reason For Selling:
Other Interest.
Training/Support:
Yes
Seller Financing:
125,000.00 Down & Balance over 4 months Real Estate Available though the seller value

Listing Info

ID:
1580168
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Camden County, NJ
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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 Camden County, NJ
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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.


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