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Asking Price$125,000
Revenue$380,000 Established2000
Cash Flow$108,600 Employees1 full, 3 part
FF&E$75,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
SELLER FINANCING AVAILABLE. PRICED TO SELL AT 1.15 TIMES EARNINGS. 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 property is available as a rental or a purchase. 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.
Training/Support:The seller will train the new owner.
Seller Financing:100,000.00 Down & Balance over 4 months
Sale Reason:Other Business Interets
Ad #27792
Seller Reference #20841
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Contact This Seller
Gerald Nimberg
1-877-735-5224
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