Service Station / Repair Shop / Retail With Real Estate
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $37000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Inventory 52000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training As needed for a smooth transition.
Reason for Sale Retiring.
Description This is truly a turnkey operation with the Real Estate and all equipment necessary to run gasoline sales, automobile service and retail included in the Purchase Price. A new Owner will be able to drive revenue and profit upward by expanding hours of operation and offering additional auto repair services. Retail sales of tobacco and Lottery are strong; however, a new owner needs a creative idea to maximize the utilization of floor space.
Phase III Environmental Survey was conducted for lending purposes in 2010 with satisfactory results. There are 3 Underground Storage Tanks (UST) with a capacity of 6,000 gallons each. The building exterior has recent vinyl siding and a new roof. Service area has 2 bays with overhead doors, high ceilings, and 2 auto lifts. The 3 year UST inspection will be performed by a certified third party Inspector during the summer of 2012. The property is located on a busy 4 lane state highway with a daily traffic count of 20,000+ vehicles.
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