Profitable Branded Absentee Owned Gas Station
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $2120000
Net Profit / Cash Flow $186000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks training
Reason for Sale Other interests
Description A very profitable absentee owned gas station that comes with a small c-store & 3 -bay repair shop. The repair shop is fully rented out to the lead mechanic which he pays to the owner $10,500/mo. Typically, the repair shop does around $60k/mo in revenues. Therefore, this would be a great opportunity for a buyer with a mechanic background to either split with the other mechanics on a 50/50 basis or completely take control of the bay shop and simply pay the other mechanics salary + commission. Current owner since 2006. Don't miss it!
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