Business Summary:
Major branded station location right off highway in heart of Rhode Island's leading retail area. Approximately 1 million gallons per year. Real estate appraised at $1.2 million and included in $1.5 million (via licensed realtor). Margins average $.12-.13 for self service and $.15 for full service. Two service bay garage generates $8,000 per month @50% margins. C store averages $22,000 per month (25% cigarettes at $.75 per pack margins and balance of groceries and drinks at 33% average margins). Brand will rebate $.03/gallon if 2008 volumes are at least 95% of 2007.
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| Facilities / Terms of Lease:
Canopied eight pump station located on a 3,540 sq.ft. lot on a major retail highway. Directly across from large retail mall. |
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| Potential
Growth/Expansion:
Increase profits by converting to an owner-operator structure. |
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| Owner
willing to finance:
No |
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| Owner
willing to train:
As required for a smooth transition |
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| Reason for selling:
Focus on other food related business |
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Seller Reference Number: NERF58SB
BusinessMart.com Listing Number: 40513 |
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