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For lease

Retail

NJ

Boonton
Repair Shop
NBG  411 NJL
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Branded Commission Agent Gas Station With 2 Bay Repair Shop For Lease

Fuel company-owned site with everything included in the asking price of $45,000. This station is basically being sold for $20,000, with the fuel company requiring a $25,000 deposit. The station has a two-bay repair shop with two lifts that are in working condition and plenty of local customers. The bays could be run or converted into a convenience store; the choice is yours, and the cost for this type of project is low. How is it low? Now on the conversations from bays to stores, the modern way of doing it is changing the garage doors into glass garage doors? No more added cost for a new storefront, which really isn't necessary when converting into a store. We can help. My company has worked on scheduling multiple projects with the right construction crews for the job. The average cost for this type of project is around $40–60,000, including everything needed to run a convenience store. What's included? Glass modern garage doors, an 8-door walk-in cooler, and countertops (coffee island included) Drop ceiling or exposed ceiling; upgraded electric panel; shelving not included. That's either $60-80k all in for a gas station with a brand new convenience store, which is not a bad investment. Also, the turnaround time on this type of project all depends on you and how quick you get the permits needed. The construction crews we use start to finish in 6 weeks, and you are doing business. If you have a project or are thinking of converting and need help, give us a call. We can help. 631-921-0912 Jose Pagan No project is too big or too small; we can help you do them all. The gas portion of this station is as follows a full canopy with two MPD's that are currently pumping 80–85,000 gallons a month. The fuel company is offering. 12 cents per gallon net ($9,600) for pumping the fuel. This station is a commission agent site, with the rent starting at $6,718 for gas and the repair shop. The fuel company is offering a PMPA lease, which means that the lease automatically renews every 3 years. You can be at this station for as long as you want, 9–15 years; the choice is yours. If you invest in the store, the fuel company will give you the first right of refusal. Which means if they are looking to sell the property, they will have to ask you first if you would like to purchase it. Great gas station in a good location for only $20,000 in this neighborhood; you can't go wrong.

Address 
Status
Active
City
Boonton
County 
Morris
State 
New Jersey
Zip code 
07005
Details 
Property Type
Retail
Subtype
Repair Shop
Brand 
Branded
Tanks Type 
DFW
Fuel Contract 
Yes
MPD
2
Financial
Monthly Store sales
Lease Type 
PMPA
None
Lottery
No Store
Lease Term 
3+3+3+3
Monthly Gallons 
Pool Margin
.12 Commission Agent
80-85,000
Rent   
Asking Price  
$20,000
$6,718
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