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Full Svc Gas Station/Auto Repair/Tires
| Asking Price: | $425,000 | Inventory: | $12,000 ++ |
| Gross Revenue: | $425,000 | Real Estate: | $200,000 ++ |
| Cash Flow: | $83,702 | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This full service gas station and auto repair shop was founded in 1983, and has established a reputation for quality service. Major and minor auto repairs generate 50% of total revenues. Auto parts, tires and batteries produce 25% of revenues and the remaining 25% stems from gasoline and oil products. This retail business enjoys a great location high exposure with everyone in the community passing the location, practically on a daily basis. There is only one other gas station, and one other auto repair shop in town. Easy access to many state highways and interstates generates a lot of out of town clients from rural areas and neighboring towns. Special licensing to include an occupational license, soft drink license, and for underground fuel storage tanks are required to operate this business. This “hands on” shop is authorized to sell Chevron Gasoline and Oil products. A maximum of 10% owner financing is available for the right buyer, and the current owner agrees to stay through a reasonable transition period. To learn more about this business opportunity, please contact one of our representatives today!
About the Business
Year Established:1983
Employees:1 full time - 1 part time
Facilities:This owned two level, 1,500 square foot facility is included in the sale. Built in 1968, it is in good overall condition. There is ample room for expansion in the rear and on both sides of the building at the current site. State highway city street frontage with somewhat high traffic and good visibility make this a great location for this business!
Market Outlook and Competition:There is very little local competition. A future buyer would best be served to increase cash flow by production expansion and diversification through: 1.) Possible knocking out the back wall of the bays and allow drive thru “Jiffy Lube” type oil change and all associated products and services. 2.) Adding another “Bay” to accommodate Wheel Alignment and more tire/brake service and products associated with them. 3.) Dedicate the first bay and display area for strong growing market of young drivers with disposable income by offering the following services; Car Stereo products and full installation, diversification of product lines such as Inn Dash-LCD Monitors, Navigation Systems, Bluetooth receiver accessories, Auto IPOD accessories, HD Radio, Satellite Radio, MP3 Players, Power Acoustic and Boom Speaker accessories. The owner has many ideas for growing the business and will gladly discuss these with prospective buyers.
About the Sale
Reason For Selling:Ready for retirement.
Seller Financing:Owner is willing to finance up to 10% for the right buyer.
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State: Kentucky
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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