Profitable Gas Station with Land Development Potential 720547 AS

Listing Number: 9525-720547

Description

Overview:
Welcome to an excellent opportunity to own a well-established and profitable gas station located in the heart of Mechanicsville, Virginia. This business has been serving the local community for years and has built a loyal customer base due to its prime location, competitive pricing, and outstanding customer service.

Location:
The gas station is strategically situated in Mechanicsville, VA 23111. Mechanicsville is a thriving area with a steady flow of local residents, commuters, and tourists, ensuring a consistent stream of potential customers.

Features:
High Visibility: The gas station boasts a prominent frontage on Mechanicsville Turnpike, ensuring excellent visibility and easy accessibility for customers.

Fuel Offerings: The station offers a wide selection of fuel types, including regular, premium, and diesel, catering to diverse customer needs.

Convenience Store: In addition to fuel sales, the business includes a well-stocked convenience store offering a variety of snacks, beverages, automotive supplies, and other essentials, attracting additional foot traffic and generating extra revenue.

Financials:
Financial details, including revenue and profit margins, will be provided to serious and qualified buyers during the due diligence phase.

The prime development land next to the gas station is now available for purchase part of the same price! Ideal location with great potential for lucrative projects. Act fast to secure this valuable investment.

The price also includes a long-term auto repair tenant who is paying a monthly NNN lease rate of $3,500. The tenant occupies 3,500 SF in the adjoining parcel.

Reason for Selling:
The existing owner plans to retire, giving rise to a fantastic opening for an aspiring entrepreneur to assume control of this prosperous gasoline station business, which features passive income and the potential for land development.

Listing Details

• Price: $ 1,690,000
• Down Payment: $1,690,000
• Sellers Discretionary Earnings: $ 282,000
• Total Sales: $ 2,400,000
• Location: Mechanicsville City, Virginia


• Inventory: $ 0
• FF&E: $ 0
• Employees: 3
• Reason for Selling: other interests
• Category: Gas Station