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- RE: Citgo Gas Station
- Contact: Corporate Business
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $840,946 | |
| Net Profit: | $431,856 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $3,200,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 2 | |
| BBN Listing #: | 1004299 | |
| Broker Reference #: | 1124 |
Business Overview:
Branded gas station with 3 MPDs, a canopy, nice LED price sign. The station pumps approx. 60,000 gallons per month with an average margin of $0.35 per gallon, operates under a rack-zero supply agreement. The property includes approx. 1,800 sq ft. convenience store generating $105,000–$110,000 in monthly sales with a 35% profit margin. Cigarette sales account for only about 30% of total store revenue. The business is currently run by the employees, with a fully absentee ownership, presenting an opportunity for a new owner to increase sales and potentially reduce payroll expenses through hands-on management. The station can be leased or purchased along with the real estate. It has 3 tanks, 10,000 gallons each, and performs very well in lottery sales due to its prime location in a mixed residential and business area.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
personal. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
- View more Massachusetts businesses for sale
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- Find a business broker
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