Citgo gas station

NOT DISCLOSED, Massachusetts

Asking Price $1,000,000 Year Established
Annual Revenue $840,946 Reason for Selling personal  
Annual P/L $431,856 Attention Corporate Business
Annual Cash Flow $0 Listing Number 1004299  
# of Employees 2 Business Category Automotive & Boats: Gas Stations

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.

Property Features and Assets:

Market Competition and Expansion:

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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