Asking Price: $ 2,185,000
Gross Income: $ 846,000 per/ year
Cash Flow: $ 316,469 per/ year Total [approx]
Employees: 1&2 p/shift and varies
Hours of Operation: 6 am and 11 pm; 7 days per week
Located on a Corner of 2 heavy traffic highways in Gloucester County, this 150 x 150 Sq. Ft. station offers a Premium Brand But Without Fuel Supply Agreement. The station has 3 islands that are separately covered by a Prominent Canopy - front to back of the main Convenience Store Building. These 3 islands hold 6 fuel pumping terminals in total: 4 Upfront - Gasoline MPD's with 1 having extra Diesel Sleeve and 2 Gasoline MPD's with 1 having extra Diesel Sleeve - in Back, equaling 12 fueling spots.
The Fuel Gross Profit Alone is $540,000 p/year + Convenience Store produces Additional sales and profits for the overall Total Gross Income of $846,000 p/year
[most recent 12 months].
This For Sale Package is for Both - the Business and the Property Together,
the Business May be Sold Separately for $ 490,000 + Stock inventory $ 4 $
(on cost bases).
The owner is not bound by a fuel agreement with the brand name company, which allows the owner to buy from whomever he chooses and therefore, enables the maximization of fuel profits. For the most recent 12-month period [2013-2012] the station pumped out 2.16 Million gallons. In view of the heavy diesel fuel sales, per gallon profits are improved. The business operates between the hour 6 am and 11 pm, seven days per week.
Land is 22,500 sq. ft. (150 x 150) The convenience store building is 1,100 sq. ft. [approx]. The owner is Not Bound by a Fuel Agreement. He buys fuel from independent wholesalers as needed at the best prices. Therefore fuel margins are maximized. Property taxes just under $18,000 per year.
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