Absentee Operated Gas Station in New Jersey
Union County, NJ
| Asking Price: | $880,000 |
| Gross Revenue: | $2,212,000 |
| FF&E: | $50,000 |
| Cash Flow: | $285,000 |
| Inventory: | $15,000 |
| Established Year: | 1994 |
Listing ID: 2298875Listing provided by BizBuySell
BUSINESS DESCRIPTION
LISTING ID # 36541
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ. It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month. Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest. A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year. Call the broker, for more information.
DETAILED INFORMATION
Location
Union County, NJ
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
480,000.00 Down & $400,000 for 3 years @ 2%
Support & Training
Seller will train
Reason for Selling
Personal
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