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For lease

Retail

NJ

Chatham
Repair Shop
NBG 621 NJL
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Commision Agent Gas Station With 2 Bay Repair Shop,Office For Lease

The gas station is located in Chatham, a suburb of New York City, and has been voted one of the best places in New Jersey to live or visit. This station is priced to sell at $45,000, everything included, and is as follows: $20,000 in Key Money and a $25,000 deposit are required by the fuel company. That's it: $45k, and you're in. Also, there is a standard approval application that is required by the fuel company. The approval process is easy; it's based on your credit history and, of course, some sort of experience in gas or repair. The station is fully equipped with two above-ground lifts in the bays that are in working condition as they should be. There is also a nice, updated waiting room for customers, with one office for the owner. This station is basically being sold for $20,000 for a quick sale, so don't hesitate; basically, it will be sold within 24 hours. Where can you purchase a gas station with a repair shop for $20,000? Nowhere but here at Nationwide Brokerage Group, where we have been saving our buyers money and time for over 15 years. You welcome NJ. Now back to the opportunity of you purchasing this station that's only minutes from Manhattan. The fuel company is offering a commission of 13 cents in net profit per gallon for you for pumping the fuel; this station is a commission agent site. The station has two updated MPDs and is currently pumping 65-75,000 gallons a month, with the fuel company controlling the fuel price. The fuel company is leasing the business out for $7,667 a month for rent and a standard PMPA lease. The PMPA lease automatically renews every three years, with the rent increase to be discussed with the new potential operator. The station is a commission agent site, which means you do not pay credit card fees, there is no tank insurance to be paid, there are no property taxes, and you do not pay for the fuel. The price is set at $45k and ready for a quick sale with everything included.

Address 
Status
Active
City
Chatham
County 
Morris
State 
New Jersey
Zip code 
07928
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
None
Lease Term 
3+3+3+3
Monthly Gallons 
Pool Margin
.13 Commission Agent
60-65,000
Rent   
Asking Price  
$20,000
$7,667
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