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Business for Sale Summary [Non-Confidential]

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Kent County, RI

Business Type: special situations,best deals!,absentee business,new to market,business with property available,retailing businesses,convenience store,gasoline service station,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $189,900.00

  • Gross Revenues

    $1,901,000.00

  • Financing

    $ 120,000.00 Down and Terms only available for qualified buyers, 189K 120K down Remainder 2-3yrs 8% fixed. Land is available for 749 with terms also

  • Owner's Cash Flow

    $63,396.00

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Business Description

Well established branded gas station on a heavy traffic flow street. Good commissions on Lottery, Gas and ATM. The financial information is right off the tax returns and vendor receipts. This facility has run 100% absentee for the past 4 years. There are alot of opportunities for a new owner operator, or a qualified manager to make a significant and immediate impact in the businesses bottom line (@ 50%). The land is also available for an additional 745K. Already Zoned, and HAS A FINISHED DRIVETHRU. There is a great room for expansion, just needs the right input. This is the truest definition of a diamond in the rough.

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