Description

Financial Information:

Asking Price: $ 165,000
Gross Income: $ 751,800 per/ year
Cash Flow: $102,000 per/ year [approx]

Employees: 2 per shift
Hours of Operation: 6 am to 10 pm/daily

Business Description:

This well maintained, modern location has a large highly visible canopy spanning over 2 islands with multiple pumping stations (4 gas and 1 diesel); all are Dual-House dispensing terminals capable of fueling 10 vehicles at one time. This strategically positioned gas station is a primary link between highly travelled highways in the state and county. Located in Northern Monmouth County, these densely populated areas also feature light industry and town shopping centers. A train station located 1 block away is a hub for daily commuters to NY City from nearby towns. Daily commuter traffic contributes directly and greatly to the Station's consistent and predictable flow of business activity.

Gross Income represents a combination of Gross Margin (on gas/diesel) and C-Store Gross Revenues. Average Monthly profits from fuel sales is $20,000 (approx). A modern and well equipped 1,800 sq. ft. convenience store contributes on average, an additional $40,000-$45,000 in Monthly sales. Added conveniences for customers further enhances ancillary income for this operation with revenues from NJ Lottery, ATM services, Air Machine, etc.
Business hours are between 6 am and 10 pm daily, with two attendants for each of 2 shifts, slightly modified for peak activity in summer time and on weekends.

This station must be viewed to realize its unique business qualities.
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Facilities: Near Train Station to NY and Major Connecting Highways
Competition: None, Not effected At All
Reason for Selling: To concentrate on family matters

Posted Jul 24, 2014

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Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.