Gas Station / Car Wash / C-Store / Garage For Sale

Location: United States -> Rhode Island -> Kent County
Industry: Auto Related > Gas Station

Businesses for sale Summary

Recently rebuilt Gas Station, C-Store, Car Wash and 2 Bays. Completely rebuilt from the tanks up, this is a first class station with state of the art equipment. The car wash has a 50′ tunnel and everything is brand new including the building. Car Wash customers can pay at the pump, in the store, or at the entrance with cash or credit. New building includes 2 large garage bays where they do repairs, oil changes, and inspections. A 37,000 sq. ft. corner lot located at a set of lights on a heavily traveled main route. Currently branded but with no long term supply agreement in place. Travelers can’t miss the highly visible, remote digital gas pricing sign. Averages of 84,000 gallons per month (including diesel), store sales of $25k per month, 15,000 car washes per year, lottery commission of $5k, 75 inspection stickers per month, $18k per month in repairs, plus ATM, air and vacuums. Multiple streams of revenue, this one has it all and it’s Brand New! Owner is willing to do a long term lease with the right of first refusal on the property. Property is available thru the owner at an additional cost of $2.15 million. Bank financing may be available to qualified buyers if the property were to be purchased with the business. This business is relatively new and numbers are based on 2008 averages with plenty of room to grow revenues. Owner records indicate steady growth since opening in 2007. Contact for more information on this Gas Station / Car Wash / C-Store / Garage for sale.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $2,757,000
Cash Flow:   $183,884
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable