MergerPlace

Convenience & Gas with Property

Bristol County, Massachusetts


  • Asking Price: $1,650,000
  • Gross Income: $3,929,550
  • Cash Flow: $214,088
  • Real Estate: $1,000,000
  • Inventory: $50,000
  • FF&E: $200,000
  • Listing ID: #199564
  • Established: 1948
  • Employees: 4

Business Description

The business is at a great corner location. The convenience store requires only one employee at a time. The gas operation is self-service. The new owner can run the bays and operate a profitable repair business. Or convert them to enlarge the convenience store and/or add a franchise operation. The bays are rented now.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Massachusetts
Metropolitan Area: Bristol County

Company Information

Year Established: 1948
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $1,650,000
Gross Revenue: $3,929,550
Cash Flow: $214,088
FF&E: $200,000
Inventory: $50,000
Real Estate: $1,000,000
Seller Financing Available: No

Property Information

Facilities:

The lot is .4 acre and the building is 2,842 square feet. It contains a convenience store of about 800 square feet plus two bays. There are 3 double sided pumps with canopies. There are 3 gas tanks which hold 10,000 gallons each.

Growth & expansion opportunities:

Business should do better with closer supervision. The owner doesn't work there. Can convert the bays to a larger convenience store and/or add a franchise business. Or run the repair bays for increased profit. The bays are rented now.

Competition:

Average.

Reason for selling:

New venture.

Support & Training:

Wgagtever is reasonable.

Contact Business Seller

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Business Listed By:

Joe Squizzero

Squizzero & Associates