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Gas station For Sale In Essex County, MA

Essex County, Massachusetts, United States
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Asking Price$25,000
Revenue$192,000 EstablishedUndisclosed
Cash Flow$0 Employees1 full, 3 part
FF&E$13,000 FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to get into the gas station/convenience store business! This branded gas station has been operated at this busy corner in this affluent town for many years. It is within steps of the downtown area, which does extensive marketing and many events, drawing large crowds, especially during the summer! The current owner wanted to get out of the gas business and expand his repair business. As a result, gas sales have fallen off the past few months, but is currently selling 15K gallons per month with a very good margin of $1.30/gallon. This is a gross profit of $19,500 p/m. There are 8 pumps (6 self serv. and 2 full serv.), plus 2 bays with lifts and an air compressor. One of the bays has just been leased since June to do car detailing. In this short time, he has done 80 cars! In the store, the seller has recently added back soda, candy, ice and propane. If you put back the cigarettes, lottery, etc., can increase in-store sales. Could also expand store into the garage area and have a full-service convenience store! Add auto detailing and, if you have mechanical experience, after 3 months, do auto repair again or start now with auto detailing, as no competition for this. There is a $25,000 transfer fee, plus you would need to have gas station experience. Owner is VERY motivated and looking for a quick close - don't miss out on this opportunity! Room to expand the convenience store and items available, good spot for a good convenience store!
Training/Support:The seller will train the new owner.
Seller Financing:$25,000.00 Down and
Sale Reason:Seller moved the repair business to another location and now wants to sell the gasoline business
Ad #99207
Seller Reference #27991
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Contact This Seller
Robert Accetta
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