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Asking Price:	$1,500,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	Focus on other food related business
Yearly Cash Flow:	$120,000
Yearly Gross Income:	$460,000

Business for Sale Overview:

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. Convenience 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 per gallon if 2008 volumes are at least 95% of 2007.

Property Features and Assets:

Canopied eight pump station located on a 3,540 square feet lot on a major retail highway. Directly across from large retail mall.

Market Competition and Expansion:

Increase profits by converting to an owner-operator structure.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.