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Listing Number: 3298

Gas Station Business for sale in Kent County, Rhode Island

Business: Gas Station Business for Sale
County, State: Kent County, Rhode Island
Business Type: Gasoline Service Station, Repair Services, Gas Station

Summary Description

Full Service gas station and repair shop. Located an a very busy main road in an upscale area, this station sells a branded gas and does a lot of repairs. 2 service bays, 1 with lift. There are full time mechanics who will stay on for a new owner. Station sells approx 40,000 gallons a month with a set commission of 7 cents and a fixed rent of $2750. This can be negotiated with the landlord to increase the margins. Repairs are the real money maker here. 20-25% of gas sales are high octane (premium) due to the upscale surrounding area. Landlord may be willing to sell property.

About the Sale

Asking price: $75,000 (USD)

Financing: N/A

Total Revenues: $260,000 (USD)

Cash Flow: $78,450 (USD)

Reason Selling: moving out of state

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