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Gas Station For Sale - Monmouth City, New Jersey, NJ |
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| PROFILE: Gas Station / C-Store / Service Bays |
| Status: |
Available |
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| State: |
New Jersey |
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| Location: |
Monmouth City |
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| County: |
Monmouth |
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| City: |
None Given |
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| Primary Category: |
Auto Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
124756 |
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| Seller Or Contact: |
Achim Neumann |
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| Primary Phone: |
732-872-6777 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
9/26/08 |
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| Date Ad Last Revised: |
9/26/08 |
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| Asking Price: |
$450,000 |
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| Down Payment: |
$190,000 |
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| Annual Revenue: |
$2,300,000 |
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| Annual Adjusted Net: |
$200,000 |
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| Franchise: |
Yes |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: Financial Information
Asking: $450,000
Gross: 2300000
Cash Flow: $200,000
Furniture, Fixtures & Equipment: 60000
Inventory: 35000 (Included In Price)
Financing: Buyer $190K Cash, Seller Note $175K, SBA /Bank $85K
Summary Description
Our Client Is Successfully Operating A Gas Station With Three Service Bays On A Major Highway In Central Monmouth County. The Gas Station (Pump Volume At 800,000 To 950,000 Gals) Has A Franchise Agreement In Place With One Of The Top Three Brands - With A Significant Repeat Business Due To Car Dealerships Close By. Further, The Service Station Provides Repairs And Detailing Services Out Of Three Bays. In Addition, The Owner Successfully Operates A Small Used Car Trade From The Property. The Franchisor Is Looking To Expand The Facility To Provide A C-Store Operation, Between 250 Sqft To 2400 Sqft Size (Depending On The Operator Preference), And Will Completely Finance The Investment. The Franchisor Has Also Made The Property Available For Sale, If Of Interest. Profitability Is Projected To Increase By 25% To 50% Due To The C-Store Business (And Gas Sales Typically Double W/ A Full Store) The Seller Has Experienced Consistent Revenue In The Past Three Years, With The Significant Increase Projected Due To The C-Store. However, The Seller Would Like To Focus On Other Businesses That He Owns And Thus, Wants To Sell. The Facility Is Pre-Qualified On A SBA Lending Base, And With Only $190K Down Payment A Buyer Will Obtain $160,000 In Sellers Discretionary Cash Flow After Debt Service.
*** All Data Based On Signed Tax Returns ***
A Full Prospectus Is Available For A Qualified Buyer ***
General Information
Facilities: On Major Highway, Route 35
Competition: Very Little, Plus This Station Has Secured Dealership Business
Growth And Expansion: Tremendous, By Way Of Aproved C-Store (Which Franchisor Will Finance), And Significantly Increased Gas Sales.
Support/Training: Seller Will Provide Smooth Transition And Train Buyer
Reason Selling: Retirement / Other Business
Year Established: 2003
Employees: 4
Web Site Of Business: www.neumannassociates.com |
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