Busy Gas Station And Convenience Store

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
 

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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: