Robert Flynn
Providence
380014456
Auto & Mech: Services & Gas Stations
$239,000
2003
6
Not Disclosed
$103,331
Not Disclosed
Not Disclosed
$850,000
Not Disclosed
Not Disclosed
Reason for Selling:
Building hotel in New Jersey
Overview of the Business:
Busy convenience store and gas station located off Route 95 in Rhode Island. Convenience store annual revenues exceed $800,000. Annual gas volume is 360,000 gallons @$.06 margin. Owner's cash flow (passive investment for him) exceeds $102,000; would be higher for an owner operator. Lottery income is $20,000 and ATM generates another $8,000 in income. Twelve self service pumps plus two diesel.
Property Features and Assets:
Four pumps and 1,800 square feet single story convenience store.
Market Competition and Expansion:
Growth via further development of strong lottery and Keno sales.
Additional Details: