Gas station at busy highway intersection.
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Asking Price
$2,500,000
Detailed Information
Monmouth County, NJ
Business Description
This gas station is situated on a high-traffic corner of a major highway, equipped with 4 multi-product dispensers, a canopy, and an LED price sign. It consistently sells approximately 45,000 gallons of gas each month, boasting a profit margin of 35 cents per gallon. Additionally, the convenience store within the station achieves monthly sales ranging from $55,000 to $60,000 excluding lottery revenue. The property includes a long-term supply agreement for 16 million gallons over 20 years and features three 12,000-gallon tanks in compliance with regulations. Located strategically at a busy highway intersection, this gas station efficiently pumps gas and generates significant revenue both from fuel sales and the accompanying convenience store operations. With a robust profit margin per gallon sold, the business offers a stable income stream. The supply agreement for a substantial volume of gas secures the station's future operations, providing a strong foundation for sustained profitability and growth. The compliance with tank regulations ensures operational safety and adherence
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Listed By:
Name : Mohamed Elatriss
Phone Number : Show Phone number
Mohamed Elatriss typically replies in about 7 minutes