57 Reid St
South River, NJ 08882
Retail Property For Sale

Eagle Gas Station - Unbranded Middlesex Good Buss Business Description: Newly purchased, Independent Gas Station located on an active county road in a commercial area of Middlesex County, New Jersey. The sale includes a profitable fuel station with upgraded fuel tanks, and all new lines and equipment. The owner-seller is the landlord, an absentee investor and will supply a training period to the purchaser post closing. The facility has three tanks, twelve years' young, fiberglass double wall, consisting of one 10,000 and two 6,000-gallon tank. The business offers all levels of fuel, including diesel, to its various customers. This gas station business previously, prior to purchase, sold an average of 600,000 gallons yearly with an approximate pool margin of $.18 per gallon profit as a direct independent operator. The business will also offer additional products such as drinks, cigarettes and auto supplies. The price is fixed at fair market value and the seller will consider offering some financing to qualified buyers. Based on the asking price, required down payment and net income this business should supply a solid return to the owner operator prior Option Lease or Purchase Property. Business price : $69000 Lease Security: 3750 Monthly Rent: $ 3,750 The general area has limited competition; no other fuel gas stations are nearby to this location and the seller will supply a non-compete agreement to the new operator. This fuel stations has been closed during 2016 and has recently opened, with good service, competitive pricing, and additional non-fuel sales, this business will develop a consistent income; also, a small C-Store can be developed at the site.