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Gas Station Convenience store with car wash and auAd id: 259 | Views : 597
Price : $ 1200000
Date listed : 2010-09-08

This property is in Tiverton, RI.  Offering a six pump full service or self service gas station with a .10+ per gallon profit. The two 4000 gallon underground fuel tanks are double walled and meet all future code requirements. Rack plus 0 pricing contract is currently in place with gas supplier for the duration of the 8 year contract remaining.  There is a possibility of buying out this contract if you want to change. 

This gas station and convenience store has it all! People come from miles around for the car wash because it's the ONLY one in the area! With its 90 ft. tunnel, this automatic conveyor system performing approx. 50 car washes per day, each taking just 60 seconds, takes in over $10,000/month! This car wash utilizes a state of the art water recycling system that recaptures and reuses 100% of the water.  Profitible auto detailing bay, currently doing at least 2 full details per day, with lift for mechanical work -lots of possibilities in this area ( Jiffylube, etc.). Under developed convenience store has HUGE potential for growth. Presently in need of lottery and inventory. The 4000 sq ft building and everything in it are only 7 yrs. old and are all in excellent condition sitting on a highly travelled interstate route 138 with over 10,000 cars passing everyday. With an annual cash flow of $682,000, this place is a gold mine! Currently only being operated by 2 full time & 1 part time employees and hours of operation, at this time, are only from 8am-7pm--Mon.-Sat. & 8am-6pm-Sun. Could be open 24 hrs. Financing available at a low interest rate of 5.3%--asking $1,200,000. Call Dorothy Filipe @ 508-415-6121 for more information


Dorothy Filipe
High Pointe Propeties
Swansea, MA 02777


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