Gas Station in Monmouth County, NJ

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Asking Price

$299,000

FOR SALE - ACTIVE

Detailed Information

Location

Middlesex County, NJ

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This gas station, located in Monmouth County on a prime corner lot, presents a significant growth opportunity for a buyer. Situated on a busy road, the station's convenience store offers various products including lottery, coffee, newspapers, and snacks. Currently operating under a consignment gas model, transitioning to purchasing gas could potentially double the owner's profits. Additionally, introducing diesel fuel later in 2020 is expected to further increase profits due to higher profit margins on diesel gas. With its strategic location across from a bus station catering to commuters to and from New York, the gas station can attract a steady flow of customers. Implementing extended operating hours, particularly earlier in the day, would capitalize on the station's visibility and accessibility to boost in-store and fuel sales, especially for diesel gas that is in demand during the early hours for truck drivers. The seller is looking to retire, making this opportunity available on a first-come, first-served basis. In summary, this gas station in Monmouth

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