Exact location provided on inquiry.
About this opportunity
This listing has sold. It was a commission-based BP gas station and convenience store in a very high-traffic location near the busy Goethals Bridge area in Linden, New Jersey. It was the sale of the business only, with no real estate.
The commission is 19.5 cents a gallon (15 cents fixed plus 4.5 cents variable), and BP pays all credit card fees on gas, the internet and technology for the pumps, and all repairs, maintenance and environmental work. The commission is guaranteed however fuel prices move, so competition and fuel pricing are BP's concern; the operator focuses on the store. The station pumps about 140,000 gallons a month ($26,618). The store sells about $31,000 a month at 50% retained ($15,500), since most items are almost pure profit. Lotto is about $12,000 a month at 5% commission ($600). ATM, air and vacuum bring about $650 (a 50% share), parking for 3 trucks at $350 each brings $1,050, and a machine at 30% of sales brings about $500.
Expenses: rent including real estate tax $8,074, payroll and payroll tax $15,546, insurance and workers' comp $470, utilities (electric and water, no gas) $760, store internet and phone $55, and trash pickup $135. Customer-paid card fees (4%) and BP-paid maintenance cost the operator nothing. The BP refundable gas deposit was $25,000 and the refundable security deposit $8,074, with inventory extra.
The owner was completely absentee and ran the station on autopilot, leaving room to grow. The lot is large, and BP would allow a bigger store. BP commission sites have standard 5-year renewals; the last renewal was in December 2025. The station runs 24 hours: one inside worker 11 am to 11 pm, and outside shifts 6 am to 6 pm and 6 pm to 6 am, each also covering inside for 6 hours.
Highlights
- Sold
- High commission: 19.5¢/gal (15¢ fixed + 4.5¢ variable)
- BP pays card fees, repairs, maintenance and environmental
- About 140,000 gal/mo; store about $31,000/mo at 50% retained
- Near the Goethals Bridge, Linden NJ
- Absentee owner; large lot, BP would allow a bigger store
- Standard 5-year BP renewals; last renewed Dec 2025
Financial details
- Asking price
- $499,000
- Real estate
- Business only
- Fuel volume
- 140,000 gal/mo
- Fuel brand
- BP
- Inside sales
- $31,000/mo
- Monthly rent
- $8,074
- Lease
- BP commission site; standard 5-year renewals (last renewed Dec 2025)
- Gas commission
- 19.5¢/gal (15¢ fixed + 4.5¢ variable)
- BP pays
- Card fees on gas, pump internet/technology, all repairs, maintenance and environmental
- Rent includes
- Real estate tax
- Lotto sales
- About $12,000/mo at 5% commission
- BP gas deposit
- $25,000, refundable
- Security deposit
- $8,074, refundable
- Inventory
- Extra, to be counted
- Hours
- 24 hours; 1 inside shift 11am–11pm, outside shifts 6am–6pm and 6pm–6am
| Item | Amount |
|---|---|
| Income | |
| Gas commissionAbout 140,000 gal × 19.5¢ (15¢ fixed + 4.5¢ variable) | $26,618 |
| Convenience storeAbout $31,000/mo sales × 50% retained | $15,500 |
| Lotto commission5% of about $12,000/mo sales | $600 |
| ATM / air / vacuum50% share | $650 |
| Truck parking rent3 trucks × $350 | $1,050 |
| Machine commission30% of sales | $500 |
| Total income | $44,918 |
| Expenses | |
| RentIncludes real estate tax | $8,074 |
| Payroll & payroll tax | $15,546 |
| Insurance / workers' comp | $470 |
| UtilitiesElectric and water; no gas | $760 |
| Store internet / phone | $55 |
| Trash pickup | $135 |
| Total expenses | $25,040 |
| Net income | $19,878 |
Seller figures as listed. Customer-paid card fees (4%) and BP-paid maintenance are not costs to the operator.
Figures are provided by the seller and have not been independently verified. Buyers should perform their own due diligence.