Unbranded Gas Station - Passaic County, NJ

This listing presents an unbranded gas station located in a densely populated area of Passaic County, New Jersey. With 25 years of operation, the business offers a unique advantage to buyers by allowing them to source fuel from the open market, potentially securing lower prices. The station pumps approximately 75,000 gallons per month with a profit margin of $0.30 per gallon. The business generates a gross revenue of $1,210,000 annually, resulting in a Seller's Discretionary Earnings (SDE) of $85,000 after all expenses. The asking price is $175,000, which does not include inventory valued at $16,000 but does include FF&E valued at $30,000. The property operates under a 10-year lease with a monthly rent of $5,200. This is a 100% absentee-owned business, indicating a strong opportunity for a hands-on owner or an investor looking for a managed operation. The seller is offering training to ensure a smooth transition. The business is listed by Vested Business Brokers, Ltd.