Business Summary:
Brand new site with excellent upside potential! This gas station and convenience store has just been rebuilt with state of the art tanks and dispensers and a new building. It is located on a busy numbered route just 17 miles south of Boston. The site has been open for exactly one year and has pumped over 750,000 gallons of gasoline and diesel at good margins from two islands with a total of four blending dispensers and two high-speed diesel dispensers. A new operator could improve that volume with more competitive fuel prices. The convenience store is about 1,000 square feet and has revenues of about $700 per day and growing. Lottery sales are about $1000 per day. There are also revenues of about $2,500 per year from the ATM and the air machine and vacuum. There are two 12,000 gallon and one 8,000 gallon double-walled fiberglass tanks installed in 2005. The site has 15,000 gallons NL storage, 5,000 Super storage and 12,000 Diesel storage. There is no gasoline contract in place. VISIT www.petrorealtycorp.com FOR THIS AND OTHER LISTINGS!
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| Year
Business was Established: 2005 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Lot size is 14,400 square feet. Building is about 1,000 square feet. The building, canopy, dispensers, tanks and other equipment are all one year old. |
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| Potential
Growth/Expansion:
The seller owns an additional 1.86 acres next door to the site, which could be purchased for an additional $500,000 and developed with a car wash, donut franchise or strip mall to add to a buyer's revenue stream. |
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| Owner
willing to train:
Seller will provide a reasonable transition. |
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| Reason for selling:
Pursuing other real estate interests |
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Seller Reference Number: 198
BusinessMart.com Listing Number: 31287 |
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