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Prime Location Service & Gas Station Business With Real Estate Including Tenant

Prime Location Service & Gas Station Business With Real Estate Including Tenant
Listing
1744
Middlesex County, MA
Revenue
$1,190,916
Cash Flow
$245,000
Asking Price
$2,100,000
Asking price details
Includes Lifts and Tools est. at $135,000
Real Estate Price
$2,000,000
Business Description

The business is situated on a prime piece of historically relevant real estate tucked neatly on the main street of a wealthy, prominent, Boston suburb. The business and property includes a 6-bay auto repair shop that can perform vehicle inspections as a licensed MA State Inspection station. This longstanding business has established name recognition, several long-time employees and strong customer loyalty. The property is situated next to the commuter rail stop in the heart of the business district, protected from competition and it provides leasing opportunities in the form of second floor office spaces, a small restaurant and is does not currently host a c-store but with town approvals notwithstanding could be obtained.

The business provides the following services: Gas sales, auto service & repair (equipped with lifts), vehicle inspections, office space rental (currently occupied by the owners and is an unrecognized revenue), restaurant space rental (currently occupied and paying rent).

Growth Expansion and Opportunities

The extra garage bays could be converted into a convenience store*. (*Subject to town approvals, no c-store exists there currently) and the garages could be rented out to auto or other related tenants. Some tools and car lifts included.

Support & Training

The seller will provide training and support to ensure a smooth transition

Employees
5
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Erin O’Leary

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  • Prime Location Service & Gas Station Business With Real Estate Including Tenant
  • Prime Location Service & Gas Station Business With Real Estate Including Tenant

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