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Businesses For Sale > Business For Sale in Rhode Island (RI)

Major Branded Gas Station. Three Service Bays, Low Earnings Multiple.

Rhode Island (RI)

Asking Price: Gross: Cash Flow:
$150,000 $564,000 $140,000

Furniture and Fixtures Value:
$45,000 (included in the asking price)

Inventory Value:
$2,000 (not included in the asking price)

Business Summary:
Major branded gas station with three lucrative, busy service bays. Little competition enables $.16/gallon margins. RI inspection approved. Over 1.4 million gallons annually. Owners cash flow $180,000. Upside everywhere in this business

 

   
Year Business was Established: 1999
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Branded service bay with two canopies and three service bays. Full diagnostic equipment for RI inspections. Clean. 1,500 sq. ft. with small C store  
   
Potential Growth/Expansion: Expand C store, add drive through car wash (well fed, not city water)  
   
Owner willing to finance: No  
   
Owner willing to train: Whatever required by new owner  
   
Reason for selling: Real estate investments.  
   
Seller Reference Number: NERF38PP
BusinessMart.com Listing Number: 36894
 

 

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