Branded Gas Station #1058P
For Sale in Morris Town, NJ
Financial & Assets Details
About the Business
Business Description
$50K ALL IN....Branded Commission based Station With 3 Bay Repair shop for sale. Major busy road corner location sitting on big lot and in between two streets with plenty of loyal customers. This station has a 3 Bay Repair shop with 3 lifts and all equipment in working condition and currently has a tenant that is more concerned with the repair shop more than the fuel. Which now is a problem with Landlord who is the distributor for this location and with sales decreasing the landlord is now looking for new tenant. The station has 3 MPD's that are pumping 36,000 gallons a month at 10 cents per gallon this is a commission agent station. The new operator will get paid 10 cents net for pumping fuel from the fuel company and all credit card fees are paid by company as well. This site will get the new Exxon Synergy image upgrade this year – projected spring to summer. There is also a waiting room with office that could be turned into a convenience store with the right permits in place. The new buyer will have to be approved by fuel company and all lease terms discussed after approval. All maintenance is being taken care of by fuel company the only thing operator is responsible for is the Hose's and Nozzles and that's it. The asking price includes all $25,000 Deposit to Fuel company and $10,000 Brokers Fees which means you are buying this station for only $10,000. Make an offer.
