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40 Year Family Owned & Operated Gas Station with Auto Repair

18173
1680 South Shore Blvd, Lake Oswego, OR 97034, Lake Oswego, Oregon, United States
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Asking Price$700,000
Revenue$0 Established1976
Cash Flow$0 Employees6 full, 3 part
FF&E$50,000 FranchiseNo
Inventory$0 RelocatableNo
Real Estate$650,000* Home-basedNo
* Included in Asking Price
High Traffic Count for a successful Service Station for the past 40 years, the current owner recenttly fell Victum to Fraud and Embezzlement by Managers resulting in the close of the Business. It is the perfect situation for a working owner operated business.

The Station has pumped an average of 40,000 gallons per month for 2017 with back room auto repair of $10,000 +/- per week.  Prior to the recent mis-management the auto repair averaged $20,000 +/- per week.  

Keep in mind that this business was a very successful Family Owned & Operated Business for the majority of the 40 years it was founded by the current owner’s deceased husband.  Buyer to perform their own “Due Diligence.”
Facilities:Two Bays with lifts and two exterior lifts, the garage service portion is equipped with most essential equipment for an auto service repair shop. The business has an excellent reputation for service with repeat customers.
Competition:There is one other Service Station with an established back room business that has been in business an equal amount of time as this business. Very friendly competition, good neighbors.
Growth Potential:The Cit,y of Lake Oswego has just recently made Zone changes that is going to allow growth in the area and increase the already steady traffic flow.
Training/Support:The Station is perfect for an Owner Operated Business with his hands on the wheel, the business ran very sucessfull in that manner until the current owner’s husband passed away 6 years ago.
Seller Financing:Cash out is necessary to pay creditors.
Sale Reason:Fraud and embezzlement of a trusting Grandmother.
Ad #97642
Seller Reference #Linda’s Broken Heart.
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Contact This Seller
Ray Johnisee
Johnisee Properties.com
503-941-6527
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