BP STATION WITH MECHANIC SHOP & C STORE
Seller:
Attn:
Mohamed Elatriss
Location:
Morris County, NJ, USA
Listing Number:
"00282"
Overview of the Business:
BP station with 2 MPDS, canopy, 2 bays and nice size c store. Located on a major road right off the highway. Been in business for a long time but the store has been renovated. Does very solid business with the Mechanic shop. Very loyal customers and mechanics will stay even after new owner takes over. The station runs by a manager so the new owner does not need knowledge on how to run a mechanic shop. The gas supply is from a dealer that has a contract with BP. So new owner does not need BP approval. There are 1 cent rebate for any volume over 40,000 G//M then jump to 2 cents for over 85,000 G//M then 3 cents if above 100,000. After 8 more years owner will have the right to buy gas from any where. Lease is flexible since owner is the landlord. Property is also for sale with some owner finance available. There are 2 updated 10k gallons tanks with blender. We can even do sale with option to buy the property.
Property Features and Assets:
2 MPDS, canopy, 2 bays and nice size c store. The store has been renovated. Lease is flexible since owner is the land lord. Has 20 parking spaces.
Market Competition and Expansion:
normal, Lottery machine is coming and c store is growing day by day.
Additional Details:
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