Business For Sale

High Volume Service/Gas Station

Not Disclosed, VA
Virginia Beach City County

Great Section of Virginia Beach

Asking Price: Annual Revenue:
$1,495,000 $2,013,096

Automotive & Boats: Gas Stations

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RE: High Volume Service/Gas Station Broker: Frank Chebalo
Owner Financing is Available!
Lender pre-screened $448,500 down.

Quick Facts

Asking Price: $1,495,000
Annual Revenue: $2,013,096
Net Profit: Not Disclosed
Cash Flow: $478,986
Total Debt: Not Disclosed
FF&E: $387,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 23
BBN Listing #: 36144955
Broker Reference #: 2007-13353

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Business Overview:

Established Auto Repair and Gas Facility - Lender Pre-qualified! This well established seven-bay auto center offers total car care including brakes, oil changes, custom exhaust, scheduled maintenance, tires, steering and suspension services. A very profitable operation including fuel sales, the station is fully equipped with the latest in diagnostic equipment, lifts and all of the standard repair equipment including alignment, flush systems and heavy duty service capabilities. Stocked inventory for all standard services, the business is complemented with experienced and loyal employees and located in a very desirable area in Virginia Beach. Included in the business purchase is their customer data base made up of over 1,000 past and present customers. Sales for the past three years have consistently hovered in the $2.0M mark annually generating approximately $500,000 in cash flow. The property is owned by the sellers and they are offering a lease at $10,000 per month which is currently accounted for in the financials. In addition, they will offer an opportunity to enter into a lease to purchase agreement for the property.

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Property Features and Assets:

Assets: $387,000

Market Competition and Expansion:

Potential for growth.

Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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