Furniture and Fixtures Value: $15,000 (included in the asking price)
Inventory Value: $25,000 (not included in the asking price)
Business Summary: Busy convenience store and gas station located off Route 95 in Rhode Island. C store annual revs exceed $800,000. Annual gas volume is 360,000 gallons @$.06 margin. Owner's cash flow (passive investment for him) exceeds $102,000; would be higher for an owner operator. Lottery income is $20,000 and ATM generates another $8,000 in income.
Facilities / Terms of Lease:
Double canopied gas station with four pumps and 1,800 sq.foot. single story c store.