Gas Station With Property on High Traffic Corner (Gas & Oil, Service Stations; Automotive, Auto Repair)
- Massachusetts, Middlesex
| Seller Financing: |
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| Lender Pre-Qualified: |
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| Listing ID: |
74237 |
| Status: |
Active |
Listing Details
| Listed Price: |
$850,000 |
| Down Payment: |
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| Total Sales: |
$873,000 |
| SDE: |
$181,000 |
| EBIT: |
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Included? |
| Real Estate: |
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Included? Yes |
| Inventory: |
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Included? |
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Included? |
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| Reason for Sale: |
Retirement |
| Training: |
Seller will provide necessary support and training. |
| Financing Terms: |
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Operations
| Year Established: |
1982 |
| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
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| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: 2 / Part Time: |
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| Hours: |
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Location
| Lease Expire: |
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| Square Footage: |
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| Facilities: |
The business sale includes a 2,700 square foot building on 13,500 SF of property. |
Summary
| Business Description: |
This auto repair service and gas station has been serving this Eastern Mass community for almost a century. In addition to offering service repairs and operating a gas station, the business is also certified to conduct state auto inspections.
The service center offers basic services to car owners, including drop-and-go or while-you-wait oil changes, mechanical repairs, pre-purchase inspections of used automobiles, and both full-service and self-service gas pumps. The business offers service for both foreign and domestic vehicles and also sells and installs tires and offers maintenance services such as balance and rotation.
Open seven days a week, this gas station and auto repair center is conveniently located on a very busy corner with great visibility and easy access to local highways. The business has an excellent reputation in the community for providing high quality repairs and service for a fair price.
With very few commercial establishments within a mile and its high traffic location, this would be an ideal location for another commercial retail use. Since it is zoned residential, approval would be needed for any change in use |
| Historical Summary: |
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| Potential Growth: |
While this shop is extremely successful, there are opportunities for growth by adding services such as automotive detailing and through expanding the merchandise available in a convenience store. |
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