Details - Information last confirmed on March 31, 2021
Listing ID # 34029
Essex County Gas Station and Auto Repair Shop (and possible convenience store) now available. This Union County businessman has put his branded gas station and three-bay auto repair shop up for sale. The net profit on the gas is about 26 cents per gallon reflecting ownership's decision to price the gas at about 6 cents per gallon above market rates and thereby, take advantage of traffic flow which brings drivers headed to and from the freeway right past their doorstep. The gas station pumps about 55,000 gallons per month. Honesty, workmanship and service mark the reputation of the collocated, 80-year-old, 3 bay repair shop that services autos, school buses, wheelchair vans and box trucks. New business comes in by word of mouth only, helped by the exposure created by the gas station. There is considerable room for further growth. The business is not advertised or promoted anywhere. The business has parking for 25 vehicles, and it can be converted to a used car lot, or the 350 sq. foot office can be converted into a C-Store. The real estate is owned and available as an option; approximately 12,000 sq. ft. and valued at $600,000.
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