Hudson County Local Gas Station With Real Estate For Sale

Business description

A busy Independent Gas Station business offered with the real estate property and located on a major, high traffic avenue in Hudson County, New Jersey. The business is on a busy intersection and prime commercial area which assists in the business volume solely based on the thousands of vehicles that drive by daily. The site is ten thousand (10,000) square feet and fully equipped for high volume business. The facility was recently upgraded and includes four (4) MPD, a full kiosk and (3) new double wall (10,000, 8,000, and 8,000) tanks. The business produces 1.2 Million fuel gallon sales per year with an average pool margin of 13 ½ cents per gallon. The sale includes a 3 year fuel contract at a very low wholesale cost to the operator. The seller has elected to retire and has included the real estate property in the package sale.

Property information

Real Estate:

Real Property Included

Location:

Located in an urban area of Hudson County, New Jersey on a very high traffic county road with approximately 45,000 vehicles daily. This busy location will continue to demand fuel service due to high volume of residents and vehicles.

Premises details:

The fuel station is 10,000 and the facility consists of a large modern kiosk which offers soda and cigarettes. The site has a full canopy, four MPD’s and ample parking. The seller wishes to sell the business with the real estate property as a package sale. The real estate purchase is available through our real estate division.

Business Operation

Expansion potential:

By expanding the hours into 24/7, the business sales will be further increased.

Competition / Market:

There is limited competition half a mile from the business. The location is surrounded by many businesses but there are no similar competitors.

Reasons for selling:

Retiring after many years of success in this industry.

Trading hours:

7 Day Operation
6:00 am to 12:00 am

Employees:

2

Years established:

1980

Other information

Support & training:

The seller will remain after closing and supply a long term transitional period.

Furniture / Fixtures value:

$1,100,000 (included in the asking price)

Inventory / Stock value:

$111,000 (included in the asking price)