Business Summary:
This is a beautiful gas station situated on a very busy state highway with an extremely high traffic count. It\\\'s located in an extremely affluent area of southern New Jersey. Large property with parking for 19 cars. They have a very large convenience store. They have 14 pumps (12 gas and 2 diesel. Very busy station with 1,700,000 gallons per year at a 14.5 cents pool margin. The convenience store sales are approximately $60,000 per month at an approximately 29% gross profit margin. Great growth potential of adding a franchise like Subway or Blimpie, or even a coffee franchise. Kwik Farms is a franchise mostly concentrated in Lukoil gas stations. Royalties are 6% of gross store sales, excluding cigarette & lottery sales. Buyer pays the transfer fees of $7,500 to Lukoil, and $20,000 to Kwik Farms. Great opportunity for an aggressive owner/operator to make a lot of money. The other most essential ingredient of this whole package is that financing is available for a qualified buyer with approximately $300K down. Cash flow is for one FT owner/operator.
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