Absentee Operated Gas Station in Union County, New Jersey
Union County, NJ
$880,000
- Type
- Gas station
- Cash flow
- $285,000
- Gross revenue
- $2,212,000
- Established
- 1996
- Employees
- 3 (1 Full-time, 2 Part-time)
About this listing
Absentee Operated Gas Station in Union County, New Jersey
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ. It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month. Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest. A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year.
Details
- Reason for selling
- Personal
- Financing
- 480,000.00 Down & $400,000 for 3 years @ 2%
- Support & training
- Seller will train
Listed by another broker on BizBuySell. We can approach the listing broker for you. Original listing ↗