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Major branded station location right off highway in heart of Rhode Island's leading retail area. Approximately 1 million gallons per year. Real estate appraised at $1.2 million and included in $1.5 million (via licensed realtor). Margins average $.12-.13 for self service and $.15 for full service. Two service bay garage generates $8,000 per month @50% margins. C store averages $22,000 per month (25% cigarettes at $.75 per pack margins and balance of groceries and drinks at 33% average margins). Brand will rebate $.03/gallon if 2008 volumes are at least 95% of 2007.
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