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For sale

Retail

NJ

Jersey City
Gas station, Cstore
NBG 1505 NJL
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130K gallons a month $55k Store Sales Net Profit $100,000 For Lease

130K gallons a month $55k Store Sales Net Profit $100,000 For Lease

New to the market is this major road location that has been operated by this seller for over 10 years. This station is a commission agent site, with the fuel company giving a net profit of 16 cents per gallon. The station is well maintained by the fuel company, with the operator not paying credit card fees, not paying for tank insurance, and not paying for monthly testing done on the station. The benefits of being a commission agent are that you have half the responsibility for the station and can concentrate on the store. This location is on a major road, and over 20,000 cars a day travel this road. The station is on a corner, with traffic coming in from both sides that keeps this station busy all year. The current seller is moving out of state and would like to sell this station for a 3-time multiple of $290,000. This location will not disappoint anyone looking for a good investment with a great return on their investment. The seller has a cash flow of $100,000 with all the rebates from the fuel company combined, and all the numbers provided can be verified. This station has a modern 2,000-square-foot convenience store that has been run by the employees, with the seller being 100% owner absentee. The store is currently bringing in $55–60,000, or $65,000 a month. With very little effort, all the customers walk in. The station has a full canopy with 4 MPD's that are pumping 130,000 gallons a day at a net profit of 16 cents. The station is being sold with a PMPA lease that automatically renews every three years, and the rent is $15,000 a month. Make an offer

Address 
Status
Status
City
Jersey City
County 
Hudson
State 
New Jersey
Zip code 
07305
Details 
Property Type
Retail
Subtype
Gas station, Cstore
Brand 
Branded
Tanks Type 
DFW
Fuel Contract 
Yes
MPD
4
Financial
Monthly Store sales
Lease Type 
PMPA
$55-60,000
Lottery
65,000
Lease Term 
15
Monthly Gallons 
Pool Margin
.16
130,000
Rent   
Asking Price  
$250,000
$15,000
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Jersey City, NJ, USA

Gas station, Cstore
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