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Branded Gas Station In Monmouth County For Sale

Monmouth County, New Jersey
Asking Price:
$590,000 (USD)
Sales Revenue:
Not applicable
Cash Flow:
$209,000 (USD)

High Volume..HWY Branded station Pumping over 150K at 25 CPG 2017 Net Profit $209K For Sale. Huge 3/4 acre branded gas station located on major Highway with a very high traffic count of over 20,000 cars a day travel on this road. The gas station itself is built on a triangle shape property with easy access from the 2 major roads that are on both sides of the station. This location has no convenience store just a kiosk that brings in average of $7,700 (motor oil & Propane included) a month at a margin of 29% and sales have gone up each year over 4% overall. The station has full canopy with 6 updated MPD's that are pumping an average of 154,000 gallons month at 25 cents per gallon with no competition in sight for 10 miles in either direction. The rent is $8,200 taxes included and the lease is a standard PMPA revolving renewals every 3 years and a Fuel deposit of $90,000 to the fuel company. There is an approval process for the new operator in order to move forward and take possession of the station. This station is a Highway site with no competition and has been ran 100% owner absentee for years with owner netting over $209,000 in 2017..Make an offer

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