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Asking Price$99,000
Revenue$157,500 Established1995
Cash Flow$38,800 Employees2 full-time
FF&E$100,000* FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Solid business opportunity for this Independent gas station with an option to purchase property, no fuel contract, with Lotto approval and a modern retail convenience business located on an active county road in the County of Gloucester, New Jersey area. The business has yearly fuel sales of 900,000 gallons, yearly gross sales from the C-Store of $75,000, and fuel gross income of approximately $157,500. As an owner operator, the business has a projected net yearly income of approximately $38,800 which represents an excellent return on investment for year one and two, and a 100% return for the remaining term of ownership. This is a wonderful business opportunity for a first-time owner located in Central New Jersey. This industry does not require government agency approval to purchase however franchise approval is required. The owner continues to be absentee and this retail fuel C-Store company has two full and one-part time employee with a monthly payroll of $3,000. The business has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $5,417, cost per square foot is $48.70 and rent security $10,000. The business is located in a free stranding facility which consists of 1,335 square feet and has a capacity for approximately ten customers. The business assets have an estimated value of $100,000 and consists of Gilbarco fuel pumps, three 10,000 fuel tanks double wall installed 1986, no fuel contract, four pumps, large canopy, fully equipped commercial retail store, which includes displays, shelving, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 11:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The business has been valued at $99,000, based on a multiple of the net yearly income and the value of the specific business assets or business and real estate is $625,000 and seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. Additional cost is inventory and franchise transfer fee. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this purchase projects to supply a consistent investment return to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:The business is located on an active county road with thousands of daily drive by vehicles. The site consists of a 10,000-square foot pad and the retail facility consist of approximately 1,335 square feet with a clean attractive appearance. The business is located in an active commercial area with various other active and successful businesses. This opportunity is located in Central New Jersey, Gloucester County, which consists of various populated communities with continued demand for this particular product.
Competition:To the best of our knowledge and various circumstances, 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:The business presently has a limited marketing plan for corporate fuel accounts and if improved can further develop the business bottom line net income.
Training/Support:The seller will remain post-closing in order to supply an appropriate transitional period to the new operator.
Seller Financing:Can be considered to a qualified buyer with an appropriate down payment.
Sale Reason:The sale is due to owner’s absenteeism and is located out of the area.
Ad #101392
Seller Reference #GST326
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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