Hot Listing
Absentee Operated Gas Station in New Jersey
Business Description
LISTING ID # 36541
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ. It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month. Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest. A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year.
A highly profitable branded gas station with excellent rental retail income and low rent is located in a suburb of a crowded commercial area in Union County, NJ. It pumps over 100,000 gallons per month, with an $ 0.18 profit margin.The rent is $4,800 per month, and the guaranteed rental income exceeds $12,000 per month. Payroll is only $7,000 per month, and it is a 100% absentee business. A very generous seller financing option is available for 36 months, with 2% interest. A once-in-a-lifetime opportunity to buy this type of business with attractive cash flow. After paying all the expenses, the seller's net cash flow is $285,000 a year.
About the Business
- Years in Operation
- 30
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train
- Financing Options
- 480,000.00 Down & $400,000 for 3 years @ 2%
Listing Info
- ID
- 2403707
- Listing Views
- 1043
Listing ID: 2403707 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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