Biz Buy Gas Station For Sale
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This state is a leading innovator in auto technology as well as a popular destination for tourists and residents seeking a high quality of life. Since it is one of the largest states in the country, there is plenty to do and see. Beautiful mountain vistas, sandy beaches and a plethora of delicious restaurants are just a few destinations for people interested in exploring the state. Of course, this means that people will be traveling and in need of gas. Entrepreneurs who buy a gas station in California have an excellent chance of profiting from the individuals needing to refill their tanks or grab some snacks on the way to their next adventure.
Potential gas station owners should carefully research before they buy a gas station in California. Reading about policy and networking with industry professionals is crucial for success. In addition, keep the following tips in mind:
Check out this branded gas station with a convenience store! Located in a crowded commercial zone, this business has everything you need, including lotto, cigarettes, ATM, beer, pizza, fried chicken... More details »
This branded gas station, with a convenience store, is located on one of the busiest highways on Long Island. It pumps over 140,000 gallons a month; store makes over $60,000 in gross sale a month;... More details »
A branded gasoline station, with a spacious convenience store, is located in a crowded area in Brooklyn. The store has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. Lotto makes $6,000 a month... More details »
Check out this rare opportunity to own a branded high pool margin gas station with a 3 bay garage, snack shop, NYS inspection facility, and new EV pumps! Our prime location in Bergen County, NJ is now... More details »
This branded gas station is located at one of the busiest routes on long island. It pumps 150,000 to 160,000 gallons a month. It has a very big, spacious, and attractively-looking convenience store... More details »
LISTING ID # 34029.Enterprise business waiting for you. Earn a generational lifetime of income. Presently an auto repair shop (grosses $35,000 per month) and a gas station (60,000 gal/month) and... More details »
Looking for a profitable gasoline service station in Baltimore County, Maryland? Look no further! This is a fantastic opportunity to own a successful business with a store size of 1,200 sq. ft... More details »
A branded gas station, with a 3000 sq. ft. convenience store, is located on a busy high way in Wayne County, PA. It pumps 55,000 gallons a month, with .30 cents profit margin on a gallon. It sells... More details »
LISTING ID # 35343.Looking for an unbranded gas station with a prime location in Warren County, NJ? Look no further! This gas station boasts a big convenience store, pumping 80,000 gallons a month... More details »
Looking for a profitable investment opportunity? Consider this branded gas station, located at a busy intersection in a highly crowded Dutchess County neighborhood. The current owner has been... More details »
This branded gas station is located on a high traffic road in Suffolk County, New York. Located just minutes away from a high volume shopping center with plenty of foot traffic and high end clientele... More details »
This gas station presents a great opportunity for a new buyer, with no immediate competition for 2 miles and planned upgrades that will increase business.Currently, customers cannot pay at the pump... More details »
An unbranded gas station, with a small convenience store, is situated at a crowded commercial area in Passaic County, NJ. It pumps 80,000 gallons a month, with .35 cents profit margin on a gallon... More details »
Absentee gas station and convenience store for sale. Fully operational branded fuel station with beer, wine, pizza, chicken, and soda pop for sale in Jefferson County, Oklahoma. The business generates... More details »
No Competition Gas Station A top-of-the-line branded gas station with regular and diesel gas, no competition, and very high gross profit margins is available. Located in Burlington County, New Jersey... More details »
This branded gas station with a 20-year lease is located on a busy route, pumping 100,000 gallons a month. With a spacious convenience store stocked with everything (except Lotto), it's a great... More details »
Gas stations are a great business to franchise because the demand for fuel in America is constant and not going anywhere. Our country literally runs on gas. People need to drive to work and trucks need to carry goods across country. Gas stations are a $250 billion a year industry. There are over 120,000 gas stations in the country. More than 80% also have a convenience store attached to them. This is a big business. Now is a great time to claim a piece for yourself.
If you are considering the purchase of a gas station or about to sign a gas station purchase or franchise agreement, there are a number of legal factors that you must consider and discuss with your business lawyer. In New York and New Jersey, although the purchase of a gas station represents a unique business and investment opportunity, a number of contract, legal, and business due diligence factors must be considered prior to signing a purchase agreement.
Gas stations typically fall within the category of "franchised" or "independent" station. Franchised gas stations are owned and operated pursuant to a Franchise Agreement with a national supplier such as Exxon, BP, and Sunoco. Independent stations are not supported by any national supplier and, basically, sell "unbranded" fuel procured from an assortment of regional suppliers.
With the primary advantage to a "franchised" station being the name recognition, trademarks, trade design, and canopies associated with the national brand, owners of "franchised" stations are franchisees and parties to a franchise agreement. As a business purchaser, it is critical to evaluate the advantages and disadvantages of franchised and independent stations.
Of course, selling fuel is the main business of your gas station. It is the one product that brings people to your business. What most people don't know is that margins are low, and gas stations make most of their money from selling other items. Convenience-store products like candy, sodas, and cigarettes bring in big revenue. This is why it's getting rarer and rarer to see a standalone gas station that doesn't have a store attached to it.
Station pumps and fuel tanks serve as the most critical assets that will affect the day-to-day operations and profitability of your business. Not every seller of a gas station owns the pumps and tanks, which may be owned by the national franchisor (for franchised stations) or the property owner (where the gas station is located on leased property).
As the purchaser of a gas station, one of the issues you must consider and protect yourself from relates to the potential existence of contamination. Environmental concerns are critical, as any environmental contamination (especially if discovered after you buy the gas station) will require expensive remediation that may shut down or significantly limit the future operations and profitability of your station. For the purchase of a station, you must consider and evaluate the utilization of an "environmental contingency clause" in your purchase agreement and you must obtain a Phase I environmental site assessment. In my article, "The Importance of an Environmental Site Assessment," I discuss and address these environmental issues in detail. If you are buying a gas station, I strongly recommend that you review this article.
Investing in any business carries multiple risks, but gas stations pose distinct risks. More than just about any industry, the success of your station depends on traffic. Know the long-term plans for the area you want to open in: is it going through a lot of construction? Long building projects could hurt your business by blocking access to your station.
The environmental history of the station is important (see above), but the future environment is more important. Do some research and make sure your location has double-walled tanks to keep leaks and environmental problems from shutting you down.
Putting together a business plan will give you focus and direction. It will also make setting up your gas station business easier. Think of the steps below as things to check off when you're starting out.
A peninsula on the coast of the Atlantic Ocean and the Gulf of Mexico, Florida offers many attractions, from theme parks to coastal views. It is no wonder that 97 million people visit the state every year when there is so much to see. All this tourism creates an enormous amount of profit for Florida businesses, leading to many people wishing to own a business to get their share. The decision to buy a gas station in Florida could very well be a wise choice.
Among the types of businesses for sale in Florida, a gas station can be great because there are many different things that you can do to make the business work for you. The market is favorable to you if you only wish to open a gas station without a store, as the national sales of gasoline stations across the United States have steadily being increasing.
Florida is great for gas stations because it has hundreds of miles of coastlines that people drive on throughout the year, and those people need gas to keep their journeys going. By looking at Florida gas stations for sale, you could become very profitable with the tourists driving through the state. In addition to this, Florida has many awards for small businesses that are certified as compliant with standard regulations.
Before purchasing a gas station, it is important to consider the location to determine how many customers you could potentially have throughout the year. You also ought to look into partnering with gasoline companies to see which offers you the best options for how you want to run your business.
As more tourists and travelers visit the state each year, businesses that offer food and drink are expected to grow faster than the entire economy of the state of New York by the year 2022. With about 3.4 million gallons of gasoline and diesel fuel pumped every day in New York City alone, gas station services are always in constant demand. 59ce067264