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Business for Sale Summary

Gas Station with Auto Repair Shop in Rhode Island - 35999

Business Type: auto repair,business with property available,gasoline service station
Gas Station with Auto Repair Shop in Rhode Island
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $2,978,309 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and Property also available for sale thru owner.

Business Description

Very busy Unbranded Gas Station with 3 repair bays. The station averages 48,000 gallons per month and has done as much as 80,000 gallons. The Repair garage does $23k per month and 75 inspections per month. They also refill propane tanks and rent U-Hauls. They are one of the top U-Haul rental sites in the state. There is opportunity to add a small convenience store or convert some of the bays to a larger c-store, as well as adding lotto.. The seller owns the property and would entertain selling it and would finance a package deal with enough down payment from a buyer. The lot is over 1 acre and there is ample room to add a drive thru. Contact the broker David Cohen at 508-863-9768 for more information.

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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.