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Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
PDFGas Station, Auto Repair, and C-Store, w-Real Estate
Listing ID:
HAMPTVA0011011
HAMPTVA0011011
Hampton Roads, Virginia, United States
Automotive Repair and MaintenanceThe following broker is assigned to this listing:
Fouad Mohit
fouad@sunbeltnetwork.comCell: (757) 237-2301
Description
Established by the owners father over 42 years ago, this business is the complete auto repair and gas station. This business is frequented by repeat customers, including the neighboring Cab companies who regularly give them their business. They also accept vouchers on behalf of the city, who reimburses them for the voucher amount.
The real estate is included in the purchase price of $1.1MM. The close to 38,000 sq. ft. property harbors four pumping stations with a total of eight pumps, a three bay automotive garage for servicing vehicles, a private back office, and a convenient store that sells tobacco, drinks, and snacks, not to mention an impressive lot that lends itself to practically any use. The Station is well light with a newer canopy and pumps. Prime high traffic location, opening to two major roads, near many residential developments. It is an immaculate facility with incredible growth potential with enough room to double the automotive workspace.
For more information please contact Fouad Mohit on his cell: 757-237-2301 or by email: fouad@sunbeltnetwork.com
MainStreet Commercial Licensed VA Brokerage
Financials
| Asking Price: | $1,100,000 |
|---|---|
| Revenue: | $1,500,000 |
| Cash Flow: | ON REQUEST |
| Downpayment: | NEGOTIABLE |
| Monthly Payroll: | N/A |
| FF&E Asking Price: | $150,000 (Included in Asking Price) |
| Inventory Asking Price: | $30,000 |
| Financing Available? | Yes |
Property
| Asking Price: | $900,000 (Included in Asking Price) |
|---|---|
| Building Size: | 37,997 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1965 |
| Year Acquired: | 1974 |
| Full-Time Employees: | 4 |
| Part-Time Employees: | 4 |
| Reason For Sale: | Retirement |