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Businesses For Sale > Business For Sale in Providence, Rhode Island (RI)
Rhode Island Gas Station & C-Store for sale in Providence, RI
Providence, Rhode Island (RI)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 143,000 |
$ 918,000 |
$ 50,217 |
Inventory Value:
$ 15,000 (included in the asking price)
Business Summary:
Gas station and C store in Rhode Island\\\'s largest city. Growing and profitable Gas averaging 43,000 gallons per month with +$.10 margins. You set the margins, not corporate. C store sales average $76,500 with 40% of revs cigarettes. Passive investment for owner still yields +$48,000 annually. Owner operator might realize owners cash flow of approximately $78,000. Upside in lottery and gas sales. Other income opportunity is in renting partial space to Dunkin Donuts or similar to food service as co-tenant. Purchase requires $35,000 gas purchase deposit with fuel supplier. Price includes $15,000 of C store inventory.
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| Year
Business was Established: 2000 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Growing and profitable Gas averaging 43,000 gallons per month with +$.10 margins. You set the margins, not corporate. C store sales average $76,500 with 40% of revs cigarettes. |
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| Potential
Growth/Expansion:
Owner operator might realize owners cash flow of approximately $78,000. Upside in lottery and gas sales. |
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| Owner
willing to finance:
Information available upon request |
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| Owner
willing to train:
As needed. |
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| Reason for selling:
Owner lacks time to attend to business |
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Seller Reference Number: 100800130
BusinessMart.com Listing Number: 60913 |
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