High Volume Service/Gas Station

Virginia (Virginia Beach City)

  • Asking Price: $1,700,000
  • Gross Income: $2,070,066
  • Cash Flow: $485,859
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $387,000
  • Listing ID: #201688
  • Established: 1993
  • Employees: 3 FT/15 PT

Business Description

Established Auto Repair and Gas Facility! This well established seven-bay auto center offers total car care including brakes, oil changes, custom exhaust, scheduled maintenance, tires, steering and suspension services. This service station includes gas and has an excellent location. A profitable operation fully equipped with the latest in diagnostic equipment, lifts and all of the standard repair equipment including alignment, flush systems and heavy duty service capabilities. Stocked inventory for all standard services, complemented with experienced and loyal employees and located in a desirable area in Hampton Roads. Included in the business purchase is their customer data base made up of over 1000 past and present customers. Sales for the past three years have consistently hovered in the $2.0M mark annually generating roughly $500,000 in cash flow. The property is owned by the sellers and they will set the lease price at comparable rates in the industry.

Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Virginia
County: Virginia Beach City

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT/15 PT

Financial Information

Asking Price: $1,700,000
Gross Revenue: $2,070,066
Cash Flow: $485,859
FF&E: $387,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Potential for growth.

Reason for selling:

Other Business Interests.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Chris Settelen

Murphy Business Brokers