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Business For Sale

UNBRANDED GAS WITH STRONG WALK IN CONVENIENCE

Attn: John Shaw
Providence, RI, USA
Listing Number: "NEJS88BM"
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Asking Price: $349,000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
Reason for Selling: Changing career
Yearly Cash Flow: $208,000
Yearly Gross Income: $1,910,000
 

Business for Sale Overview:

Great unbranded gas location with strong convenience store loyalty in safe section of Metro Providence. Tracking at $32,000 Gallons a month at Avg margin of $.30 per gallon. Convenience tracking at $34,000 per month with 33% margins. Total projections of Gross $1.9M with cash flow of $210,000.


Property Features and Assets:

1,000 Square Feet convenience store with 3 gas pumps.


Market Competition and Expansion:

Continue current growth track shown for '08. Add Lottery. Co-locate Subway shop. Consider incentives to switch to national brand gas.


Additional Details:

  • The property is leased.
  • The owner may be 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.

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