Branded Gas Station / Mechanic Shop in Northern New England (ME, NH, VT)
Price: $381,000
Location: Augusta, ME
Industry: Automotive and Boat
Listing ID: CM81523
***Confidential Listing. Not in indicated location***
This profitable gas station /automotive service center enjoys a stellar reputation in the community and boasts a 4.4/5 rating on Google and 4.9/5 on Facebook.
Their full staff of trained technicians perform the full range of automotive service including alignments, brakes, exhaust,tires, shocks & struts, suspension, air conditioning, ABS, tune-ups, state inspections and more.
The shop is located in an affluent town and pumps about 150,000 gallons per year.
The underground tanks are owned by the gas supplier. They were installed in 2005 and have a 30 year warranty. They are divided into 12,000 gallons of regular and 4,000 gallons of Super. The pumps blend both for mid-grade. The tanks are monitored by a Veeder-Root system.
The shop does about 2,500 inspections, 1,350 oil changes and 200 sets of tires per year.
The seller will stay on to assist with the transition.
Listing Details
Down Payment: $38,100
Gross Revenue: $1,178,855
Cash Flow: $142,692
Inventory: $35,000 (Included in Price)
Reason For Sale:
Owner is seeking retirement
Training & Support:
Seller will stay on to assist with the transition
Operation
Year Established: 1956
Employees: 4 FT / 1 PT
Location
Monthly Rent: 2200
Facilities Information:
Real Estate is leased for $2,200 per month
Summary
Potential Growth:
Ramp up social media marketing to increase volume for gas and other services.