Business for Sale Overview:
Gas station and Convenience store in Rhode Island's largest city. Growing and profitable Gas averaging 43,000 gallons per month with plus $.10 margins. You set the margins, not corporate. Convenience store sales average $76,500 with 40% of revs cigarettes. Passive investment for owner still yields plus $48,000 annually. Owner operator might realize owners cash flow of approximately $78,000. Upside in lottery and gas sales. Other income opportunity is in renting partial space to Dunkin Donuts or similar to food service as co-tenant. Purchase requires $35,000 gas purchase deposit with fuel supplier. Price includes $15,000 of Convenience store inventory.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Owner lacks time to attend to business
Additional Details:
- The property is leased.
- The owner is not willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.