Branded Gas Station & Auto Repair For Sale

Location: United States -> Rhode Island -> Providence County
Industry: Auto Related > Gas Station

Businesses for sale Summary

This Branded station with three full truck lift bays and 3 1/2 acres of land, has been established for over 30 yrs. Currently this listings financial profile is showing 08′ numbers through September 27. This station has no competition for at 6 miles, and avg. at 85,000 – 90,000 gals/mo. The location of this station allows it to avg. over .25 cents profit per gallon. (REG, SUP) and over .70 cents profit per gal Diesel. Currently the repair shop does at $35K per month. Newer tanks and excellently kept bays, really make this facility a gem. The listed asking price is for the business only.

There are two parcels of land. One, the station is on and is over 1/2 acre, it is being sold for $960K. The second is a 3 acre parcel that has four rented apartments and is being sold for $700K. Both parcels and the business can be purchased for only $640K down, and the balance owner financed for 20 – 30 years (negotiable rate). Contact for more information on this Gas Station & Auto Repair Shop for sale.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $3,222,450
Cash Flow:   $187,562
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1978
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Reason For Selling:  Owner wishes to retire.