1. Home
  2. Businesses for Sale
  3. Rhode Island
  4. Convenience Store
This Business has been Sold!
Closing Date: 05/05/2011
Broker: David Cohen
Business for Sale Summary

Gas Station and Express Lube - 18071

Business Type: auto repair,auto/truck mechanical repair,convenience store,gasoline service station,repair services
Sold
Gas Station and Express Lube
On May 5th 2011, The Undersigned
Acted as the Advisor to the Deal
David Cohen
David Cohen Senior Broker
Servicing: All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $50,000 Down Payment $50,000
Gross Revenues $1,532,613 Lease Remaining Register Free to View
Owner’s Cash Flow $82,631 Number of FT Employees Register Free to View

Financing

$50,000 Down and

Business Description

Independent Gas station with repairs bays specializing in Oil Changes. Property for sale at an additional cost of $475k. Total package $525k. Owners will condsider selling the Biz only with a rent of $2500 per month. Will also consider a lease to own with $100k down and balance over 10 years. Averaged 47000 gallons per month and $13500 per month in oil changes and repairs. Currently run absentee, great opportunity for an owner/operator to come in and increase revenues and decrease costs. Room to add a small C-store as well. 2 Large garage bays. Bldg is almost 3000 sq. ft. Lot is 16495 sq. ft., 2-8000 gallon double walled tanks. 2-double sided full serve pumps under canopy, installed new in 2001. Property available through owner. Call today!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.