Business for Sale Overview:
Busy convenience store and gas station located off Route 95 in Rhode Island. Convenience store annual revenues 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. Twelve self service pumps plus two diesel.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Four pumps and 1,800 square feet single story convenience store.
Market Competition and Expansion:
Growth via further development of strong lottery and Keno sales.
Reason for Selling:
Building hotel in New Jersey
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: