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Business for Sale Summary

Gas station-auto repair - C store - 32800

Business Type: auto repair,auto/truck mechanical repair,convenience store,repair services,seller financing available,gasoline service station
Owner Financing
Gas station-auto repair - C store
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This business has received 277 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and

Business Description

AMAZING opportunity to get into the gas station business. Price has been drastically reduced for quick sale! Branded gas station/convenience store/auto repair located on a very busy state highway with many national fast food and retail stores,on the MA/NH border. Place was closed, current owner took it over and remodeled it. Was supposed to have a partner run it day to day, but backed out. Owner operated it for several months but has other business interests and is now closed. Selling it for what he invested. New signage with energy efficient halogen lighting, recently painted building and sealed driveway to create a clean and welcoming look. Has 4 large repair bays with lifts. 4 pumps for gas that are double sided with 8 pumping stations. Had been selling 1300 gallons p/day (which had been increasing steadily) with an average margin of .20 p/gallon. Retail price is set by the owner. Other gas stations on same road but their retail prices are MUCH higher (by .20 p/gal)! Also they do not have repair bays. Lot is large to make easy access to pumps and repair bays. Also large enough lot to add truck rentals, with 17 parking spaces. Convenience store is small, but could easily knock out a wall and add more items. Has been approved for lottery. One of the repair bays has just started being used by a mechanic who pays the owner 50% of revenue. Also has a part time mechanic who comes as nneded. This is a golden opportunity for a mechanic to have their own business. The gas sales easily pays your overhead and the rest is profit. Add lottery and profit even more as there are a lot of walk in customers! Was only open until 7 PM, extend the hours and sell more gas! Make back your investment quickly! Will need to show the landlord/gas distributor $50,000 in liquid assets after purchase. This won't last!

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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.