No brand gas station

Gloucester County, NJ
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Asking Price:$1,700,000
Cash Flow:$168,828
BUSINESS DESCRIPTION

Approx 8 acres of land with a gas station, C-Store, and 2 Bays. The site can be developed into a truck stop. Tanks are DWFG and there are 3 tanks for gas and one 10,000 gallon tank for Diesel. The site has 3 MPDs and there is a ready connection for the 4th MPD to be installed. The station does about 55,000-60,000gallons per month now with a profit margin of 40-50 cents per gallon. Volume can be increased(the owner is totally absentee with a full-time job as a CPA). The store also does about $25,000/month in sales. Many items could be added to the store but unfortunately, the owner has no time to do so. The 2 BAYS are rented and it is a month-to-month lease in case the new owner wants to convert the 2 BAYS and expand the C-Store which is approved by the town. Many options to use this empty portion of the land, You can build a full truck stop or a strip mall or do warehouses. The owner is looking to close on it and focus on his full-time job. We will help you get financing with 20-25% down if you are qualified.


DETAILED INFORMATION
Location
Gloucester County, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Reason for Selling
yes with 30% down
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Mohamed Elatriss
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Mohamed Elatriss