Established Gas Station For Sale
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $583812
Net Profit / Cash Flow $45293
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1969
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner going into retirement.
Description Established Gas Station for sale, on very busy road. This station has been operating for over 40 years, with a very loyal clientel base. The current owner is looking to sell right away, and the price reflects their eagerness. There are currently two bays for repair, but can easily be converted to a c-store if needed. A long term lease with renewals is available. The land is available for at $900K. This a great opportunity for any individual looking for a one year return on their investment. There are at 20,000 cars a day all local traffic, and considerably more during the peak months. The hour of operation are shortened due to the owners unwillingness to work here. (7-8 m-fri, 8-6 sat, 8-4 sun) the financials reflect these short hours. Currently only gas sales are being shown in this financial portfolio. There is currently no c-store but the opportunity and the land to expand is there.
This is a great opportunity, to get a great business and expand considerably by just keeping regular hours. A tremendous One year return for a small investment.
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