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Asking Price$209,900
Revenue$325,000 EstablishedUndisclosed
Cash Flow$78,000 Employees1 full, 1 part
FF&EUndisclosed FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This gas station underperforms in so many ways- and that means Huge Growth opportunity to a Buyer. Located in Monmouth County, this branded station sits on a large, prime corner lot on one of the busiest roads in the state. Its convenience store offers lottery, coffee, newspapers, cigarettes, an ATM and snack products.Across from a bus station, this convenience store serves commuters to and from New York,many of whom pay to park their car and ride. Opportunity #1.Gas is acquired on consignment rather than bought and sold as is the case everywhere else. Pricing at the pump is controlled by the major oil company and the merchant receives 9.5 cents per gallon commission for each gallon sold. More typically, gas stations purchase the gas and sell it at 18 to 22 cents per gallon gross profit, twice the amount this station owner receives. Conversion from consignment gas to purchased gas would add gross profit of about $50,000, annually. Opportunity #2.Adding diesel fuel would increase gross profits an estimated $60,000, based on past sales at this location. The profit margin on diesel gas is about 30 cents per gallon. Diesel was sold at this station before the owner decided to reduce volume and payroll. Opportunity #3. Opening two hours earlier each day would add significant in-store sales, regular gas sales and diesel gas sales alike. The station sits on a busy highway, and trucks travel in the early hours without many diesel gas choices. Because of its size, visibility and easy on/off two-street corner exposure, this station would attract quite a substantial business. The seller is retiring. Offered on a "first come, first served" basis. Please call 1-877-735-5224 for further information.
Training/Support:Seller will train buyer.
Sale Reason:Other interests.
Ad #100975
Seller Reference #29527
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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