NEW JERSEY 08087
BRANDED GAS STATION
OCEAN NEW JERSEY 08087
Busy Circle K Store $125k Sales On Major Road For Lease In Ocean County
Busy Circle K Store $150k Sales On Major Road For Lease In Ocean County.This is a sale for just the store there is no gas here at this location.The store has a history of over $187k in sales this year in the month of July with very little effort all the traffic lives in the area.There is also Lotto being sold here with online and in store sales at an all year average of $37,000 a month.This store has been ran by the manager for the last 1 and half years with the sellers being 100% owner absentee. The sale of the store includes a standard PMPA lease which means it automatically renews every 3 years.This store is owned by a fuel company so there is an approval process that the potential buyer must pass which is all based on credit history.The store is fully equipped with everything needed to care for all customers who needs a true turnkey business.This location is being sold with the rent starting at $12,670 and with a PMPA lease. There are other deposits required for this deal, the first is $25,000 to the landlord (Fuel Company) $25,000 Franchise fee (Circle K) also inventory is separate.The average store sales are around $140,000-150,000 a month with lotto always being separate. There is also an option to introduce hot food here which the sellers do not do. This one well known Circle K hot food option the crunky chicken is known to increase store sales by 15%. The store has a lot potential left in it and with the right management it could hit sales of over $200,000 a month.This store is priced to sell at $50,000 with the sellers being motivated it's a quick close. The new buyer could be in the store and operating with in 35 days start to finish. THIS STORE IS BEING RAN 100% OWNER ABSENTEE WITH 2 MANAGERS INPLACE. THE PAYROLL HERE ON PAPER IS OVER $120,000 A YEAR.
THERE IS PLENTY OF MONEY STILL HERE, WITH THE RIGHT HANDS ON OPERATOR FORGET ABOUT IT. THIS STORE JUST BY GETTING RID OF THE MANAGERS THE NEW CASH FLOW WOULD BE OVER $100,000. AS FOR THE RETURN ON YOUR INVESTMENT (ROI) IT'S WITHIN 1 YEAR. THE SELLER ARE ALSO WILLING FINANCE THE INVENTORY WHICH IS WORTH $80-100,000. LAST AND FINAL $125,000 CASH FLOW $58,567 WHERE ELSE ARE YOU GOING TO FIND A BUSINESS LIKE THIS?