SELLER FINANCING AVAILABLE. PRICED TO SELL AT 1.15 TIMES EARNINGS. Real Estate Available though the seller valued at 890,000 AVAILABLE AS A BRANDED OR UNBRANDED GAS STATION. LUCRATIVE AUTO REPAIR SHOP INCLUDABLE. LARGE CORNER LOT CAN BECOME INCOME PRODUCING. LONG-TERM, LOW RENT LEASE AVAILABLE. A combination gas station, auto repair shop and convenience store business located in Camden County, New Jersey is up for sale. This high-volume gas station pumps an average of 120,000 gallons per month at a gross profit of 20 cents per gallon. The convenience store is well-stocked and carries many staple grocery items and the store includes lottery and an ATM business. The sale also includes a three-bay garage which is rented out to a tenant (on a month-to-month basis) who operates a busy auto repair shop. The seller owns the property and has owned and operated the multi-unit business for 14 years. The seller is moving out of state causing the sale. The auto repair business is quite lucrative and can generate far greater profits than the rental income ($2,700/month) which the tenant now pays. Further, the convenience store is operated as a convenience for gas station and auto repair customers but it is better suited as a stand-alone convenience store since it carries grocery foods rather than the low-priced, traveler items more typical of these gas station stores. The seller is the owner of the property and he will execute a new 10 to 15-year lease at the same low rent as he now pays. Please contact the broker for further information at 1-877-735-5224.
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