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Independent Gas Stations & C-Stores For Sale

19/wk
Robeson County, New Jersey, United States
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Asking PriceUndisclosed
Revenue$1,600,000 EstablishedUndisclosed
Cash Flow$250,000 Employees4 full-time
FF&E$470,000* FranchiseNo
Inventory$35,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wonderful business opportunity to own a highly successful independent self-service gasoline station with Convenience Store with real estate. The owners who represent a corporate out of state company, has elected to market multiple fuel stations in North & South Carolina, due to their absenteeism. The various fuel stations have substantial gross sales and consistent high net yearly incomes to the owner operator. The fuel stations are independent, do not have fuel contracts which allows the owner to purchase fuel in bulk and sell retail at a much greater net profit. These businesses have fuel sales of well above one million gallons yearly including high volume retail store & Lotto sales. The sales have been preliminarily approved for bank financing with the appropriate down payment. This industry does not require any government agency approval to purchase. Each of the fuel stations have an average of four employees who are all unaware of the pending sale and fully expected to remain post-closing and monthly payroll is approximately $4,400. The business sites which have been upgraded consists of a large pad and a 1,600-square foot modern interior facility. The sale includes the business, equipment and real estate property, a fully equipped retail store, including an operating gas stations with canopy, upgraded fuel tanks, gas pumps, multiple tanks, refrigeration & freezer units, POS system, displays, shelving, tables, computers, including all the necessary equipment to maintain the day to day business operation. The facility has substantial private parking on site for its various customers. The businesses are active seven days per week, with hours from 6:00 am to 12:00 am. The sale includes a certificate of occupancy from the municipality including the required food license and approval for Lotto, etc. This business transaction has been valued based on a multiple of the net yearly income, asset value and real estate. Bank and seller financing is available to a qualified buyer. Based on a 20-year payout at 5% interest, 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may Not represent this particular business.
Facilities:The majority of the businesses are located near interstate highways in North & South Carolina which attract a large customer based of clients. The facilities are fully upgrade and modernized with a canopy, convenient store and car wash service, etc. The businesses also have additional incomes such as Lotto, ATM, etc.
Competition:To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:Due to the corporate ownership, each location is presently maintained with a site manager, however with on-site ownership and a marketing plan for additional corporate fuel accounts further growth is highly possible.
Training/Support:The corporate owner will remain post-closing in order to supply an appropriate transitional period.
Seller Financing:Financing is available to a qualified buyer with an appropriate down payment.
Sale Reason:This sale is due to out of state absentee corporate owner.
Ad #100617
Seller Reference #GST322
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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