Top Performing Branded Gas Station and Convenience Store
Washington, Rhode Island (RI)
Asking Price:
Gross:
Cash Flow:
$115,000
$489,444
$90,000
Furniture and Fixtures Value: $18,500 (included in the asking price)
Inventory Value: $35,000 (not included in the asking price)
Business Summary: Branded gas station averaging 85,000 gallons monthly. C store sales are $31,000 per month with only 45% cigarettes. Lottery commission of $8,000 per year has much upside if Keno area restructured. ATM commissions add another $4,500 per year. Owner operator should realize $90,000. Absentee owner currently recognizes $40-$50,000 annually. Verifiable numbers.
Facilities / Terms of Lease:
Full canopied 3,000 single story building. Freshly painted with refrigerators flanking two walls. Separate Keno (RI lottery area)
Potential
Growth/Expansion:
Re-arrange Keno area.
Owner
willing to finance:
No
Owner
willing to train:
Two weeks
Reason for selling:
Owns twenty-five stations, reducing holdings