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Major Convenience Store with Gas Station and Service Bay

Providence, Rhode Island (Kent County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $285,000 Inventory $10,000** 
Gross Income $1,850,000 Real Estate  
Cash Flow $209,000 Year Established 2002
FF&E $27,556* Employees 5

* included in the asking price

** not included in the asking price

Great unbranded gas location with strong convenience store loyalty in safe section of Metro Providence. Tracking at 32,000 gallons per month at an average margin of $.16 per gal. Convenience tracking at $34K per month with 33% margins. Total projections of gross revenues $1.9M with cash flow of $210K. Great lease at $2800 month for 8 more years.

Facilities: Major new C store with single service bay. Canopied four pump gas station. Easy on and off. Minutes from Rt. 95.

Competition: Just off major highway. Neighborhood favorite C store.

Growth/Expansion: Add Lottery. Co-locate Subway or branded coffee shop. Consider incentives to switch to national brand gas.

Financing: 20% for credit worthy buyer

Support/Training: Two weeks, as required

Reason Selling: Many other business interests.

Business For Sale By

Robert Flynn

4017440320

United Brokers Group

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