GAS STATION, LOTTO, C STORE
Absentee OwnedFor Sale in Union, NJ
Financial & Assets Details
About the Business
Profitable franchise fuel station with yearly fuel sales of $2,405,000, 724,000 gallons yearly, lotto sales of $40,000 Net and C Store of $290,000 plus additional income, vacuum, propane. The franchise is fully responsible for the real estate taxes, tanks, pumps & environmental issues. Owner operator is responsible for all sales & customer service-related details inside the shop as well as surrounding area (restrooms, grounds keeping, etc.) The business has exterior Vacuums, air pump, lottery, & snack shop generate income. This is a very profitable fuel gas station which includes the franchise approval located on an active county road close to numerous state highways. The business produces consistent fuel sales with a substantial pool margin and a good profit to the owner operator. This is a dependable safe business opportunity and based on the asking price, estimated down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Growth & Expansion
The business can be further expanded by the new operator, by developing corporate accounts, ATM, adding diesel, increasing the exterior products to purchase, and improving the web site and if improved can further develop the business yearly gross sales.
Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Support & Training
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling: