High Volume Service/Gas Station in Great Section of Virginia Beach

  • Listing# : 13353
  • Listed Price : $1,700,000
  • Total Sales : $2,070,066
  • SIC : 5541
  • Down Payment : $650,000
  • Status : Active
  • Discretionary Earnings : $485,859

Business Type :

Gas Station / Gas Station/Repairs

Business Description :

Established Auto Repair and Gas Facility - Lender Pre-qualified! This well established seven-bay auto center offers total car care including brakes, oil changes, custom exhaust, scheduled maintenance, tires, steering and suspension services. This service station includes gas and has an excellent location. A profitable operation fully equipped with the latest in diagnostic equipment, lifts and all of the standard repair equipment including alignment, flush systems and heavy duty service capabilities. Stocked inventory for all standard services, complemented with experienced and loyal employees and located in a desirable area in Hampton Roads. Included in the business purchase is their customer data base made up of over 1000 past and present customers. Sales for the past three years have consistently hovered in the $2.0M mark annually generating roughly $500,000 in cash flow. The property is owned by the sellers and they will set the lease price at comparable rates in the industry.

Assets/Liabilities:

    • Accounts Receivable $5,049
    • Incl : No
    • Real Estate $195,075
    • Incl : No
    • Inventory $43,377
    • Incl : No
    • Liabilities $345,535
    • Incl : No
    • FF&E $387,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $387,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Gas Station