Asking Price: $739,000

Real Estate: $739,000 (Included in Asking Price)

This unbranded full-service gas station is located near Foxboro, MA on a busy numbered route, near Route 95. Average monthly fuel volume (gasoline and diesel) from 2003-2005 was 63,000 gallons at an average profit margin of 25 cpg. The facility has a 1,270 square foot building with two repair bays and a hydraulic lift in each bay. There is one dispenser island with two Gilbarco blending dispensers with credit card readers and an overhead canopy.
There is a tenant leasing the property until December 2008 for $5,673 per month. Four double-walled cathodically protected steel tanks were installed in 1992 and give the site 20,350 gallons of storage.
Lot size is 19,720 square feet. Building is 1,270 square feet.

Highlights:

Gasoline Volume: According to the current tenant, the station pumps about 50,000 gallons per month.

Equipment: Four double-walled cathodically protected steel tanks (10,100 NL, 6,250 super, 4,000 diesel), two Gilbarco blending dispensers with card readers, canopy, lifts, Veeder-Root TLS 350 tank monitor and cash register console.

Gasoline contract: None required.

Tenant: Tenant rents the station for $5673 per month NET NET NET until December 2008.

Environmental: Preliminary assessment and remediation completed. Final assessment and closure to be completed by Seller. Seller will consider financing the purchase of the property or putting funds into escrow to facilitate bank financing.

RE Taxes: $5,920 (Estimated FYE 2008).