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Business for Sale Summary

Gas station & Auto Repair in Middlesex County, MA - 32913

Business Type: auto repair,auto/truck mechanical repair,convenience store,repair services,gasoline service station
Gas station & Auto Repair in Middlesex County, MA
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Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $750,000
Gross Revenues $2,997,800 Lease Remaining Register Free to View
Owner’s Cash Flow $245,013 Number of FT Employees Register Free to View

Financing

$750,000 Down and

Business Description

Pandemic proof and reliable income! All employees are back to work at this busy and reputable gas station/auto repair business that also has state inspections! Been extremely busy since mid May! Get ready to make a great living in 2020! Located in an affluent community, on a very busy street, is this reputable and well maintained branded gas station/auto repair/towing business established in 2001. Providing elite full service auto repair in 3 bays, with 2 lifts, including wheel alignment. Recently purchsed a Hunter Alignment machine to provide superior service. They are one of the top 25% of the state inspection stations in MA doing on average of 7000 inspections per year! Also provide emergency roadside service and been recognized by AAA for their outstanding service. Pumping on average 650,000 gallons of gas p/year with a very high margin of at least .35 p/gallon. The owner sets the retail price. Therefore, if you want to sell even more gas, get more aggressive in your pricing! Tanks were replaced in 1997 and are double walled fiberglass tanks and should never have to be replaced again. In the convenience store they have lottery, tobacco products and various other items with retail sales of about $7,000 per month plus lottery. For towing they work with local police and has a nearby yard to store vehicles. Included in the sale of the business are two ramp trucks and a GMC road service van. Towing consists of about 10% of the business. To increase this part of the business could contract with various towing clubs. This is a great business opportunity to own a reputable and profitable gas station that has such a positive reputation and great location AND reliable income during these uncertain times.

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.