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PASSAIC
NEW JERSEY 07470
$125,000

4 MPDS

 CANOPY
   FUEL CONTRACT
STORE
REPAIR SHOP

BRANDED GAS STATION 

PASSAIC   NEW JERSEY 07470

Branded Commision Agent Gas Station with 3 Bay Repair Shop For Lease 

The station was built on a triangle shape property and at a light with access from 2 roads. This site is a commision agent station with the fuel company being responsible for everything including all the monthly testing that is required by the state. There is also room at this site to open a little mart or convert the bays into a huge store. The station is owned by a fuel company that has no issues with the operator turning the bays into a store or franchising the store to a 7 Eleven or Circle K. The station has it all full canopy with 4 mpd'S that are currently pumping 40-50,000 gallons a month with the fuel company paying a net of .16 cents. There is no credit card fees to be paid here either the fuel company takes care of that which is one less thing you have to pay for here. The site also has a 3 bay repair shop with a tenant already in it that pays $5,800 a month. The new operator will have the option to run the bays or keep the tenant the choice is yours. This station is being sold with a PMPA lease that is standard and automatically renews every 3 years, so if you invest in a store you can be here for however long you want. The rent is $8553 with the bays paying $5,800 so if you keep the tenant you pay $2,753 a month to run the gas and you can add a mini mart there.The station is priced to sell at $125,000 with the new operator has to be approved by fuel company standard credit check. There is also a deposit that is required by the fuel company of $25,000 to the new operator and that's pretty much it your in. Make an offer

LISTING ID. NBG 536 NJL
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