Real Estate & Going Biz:Gas Station, Convenience Store & Single Family

Foster, RI (Providence County)

Real Estate & Going Biz:Gas Station, Convenience Store & Single Family
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Asking Price: $484,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $560,000

Established: 1997

Real Estate & Going Biz:Gas Station, Convenience Store & Single Family

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Business Description

Real Estate & Going Biz:Gas Station, Convenience Store & Single Family

2.3 Acres: Includes independently run gas station with convenience store (walk into a going business) and single family (3-4 bed) with detached garage (4 cars).
Gas Station: newly renovated - roof, electrical, well pump, refrigeration/freezers, hot water tank.
New Verifone Ruby2 Ci system
Single Family Home: newly renovated - refinished hardwoods, appliances, roof, septic, paint & siding
Convenience Store: going business with gas, lottery & store
Opportunity to buy property with going business. Add more inventory, make more money - much more potential
On main trucking route between Connecticut & RI
Possible owner financing or lease option to buy
Contact for more info on financials
Investment: Income from house rental AND Gas station/convenience store.
Owner Occupied: Live & Work - Walk into a going business that's been there for 20+ yrs - business has much more potential - add more inventory, make more money. Add diesel, make more money
Owner would consider secondary financing to assist with downpayment and/or lease option to buy
Contact for more info on financials

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
2,100
Employees:
3
Facilities:
Mixed Use Commercial Buildings: (1) 2000 sq ft Gas Station with plenty of parking, newly renovated w/ NEW RUBY SYSTEM (Verifone Ruby2 Ci system) (1) Single Family Home - 1500 sq ft, 4 bed, 1.5 baths, newly renovated on 2.3 acres
Competition:
RI/Connecticut border Country setting Plenty of Value Add Next closest convenience/gas is approximately over 5 mi away
Growth & Expansion:
GAS STATION: Plenty of opportunity to expand - current station does not offer diesel gas. Additionally, this road is main artery for truckers between RI & Connecticut and could potentially be great spot for "Truck Stop" . Property sits on 2.3 acres CONVENIENCE STORE: Plenty of opportunity to expand the convenience store - this store should be treated as a "true neighborhood grocery store" offering much more than what they currently offer. Add inventory, increase revenue Add coffee shop/Add Ice Cream shop
Reason for Selling:
Retirement
Business Website:
http://www.providencerealestateagency.com
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Business Listed By:
Derek Brazeau

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