Branded Gas Station with 1,100 SF Store in Phillipsburg, NJ

This listing presents a branded gas station with a substantial 1,100 SF convenience store located in Phillipsburg, NJ. Situated on a 3/4 acre lot with excellent accessibility via three entrances/exits, the property is designed for high traffic flow. The seller has invested over $30,000 in recent upgrades, including new tile flooring, drop ceiling, lighting, electrical panel and wiring, and interior walls, ensuring a modern and functional retail space. The store is equipped with an 8x5 walk-in cooler and a new $10,000 POS system capable of accepting Sunoco credit cards, which is projected to increase volume by 15%. The gas station features a full canopy with 4 MPDs, pumping an average of 60,000 gallons per month with a high margin strategy that accounts for credit card fees. The property is environmentally sound, featuring new double-wall fiberglass tanks for regular, diesel, and kerosene. The business operates under a 10-year lease with an option for an additional 5 years, and the fuel contract is with Sunoco direct RACK. This business is ideal for a family-run operation or an entrepreneur with convenience store experience, offering significant potential for growth through the addition of services like lottery, Quick Draw, U-Haul rentals, car sales, or a smoke shop, with no state restrictions or violations noted.