Andover Gas Stations

Buying

With its mixture of turn of the century brick storefronts and contemporary new additions, this city is both picturesque and equipped with the comforts of the modern age. Visitors here are often astonished both by the walkability of the city and its closeness to so many natural woodlands and other alluring features. Buyers who are considering acquiring a gas station will be pleased to learn that there are many prosperous routes in Andover that see fairly high average traffic counts, both from visitors and residents.

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gas stations

Part of the appeal of many of these stations is the accompanying convenience store. In several locales, this store is only a few hundred square feet in size, while in others it spans several thousand square feet. These areas tend to have a series of refrigerated cases that line the walls of the store, with a series of steel shelves mounted in the center of the room to create space for the display of dry foods and snacks. In many areas, a coffee vending station will occupy one corner of the store, usually close to the onsite restroom and within a few feet of the clerk’s register.

In addition to the pumps, these attached stores can be of enormous value to owners because they provide a steady stream of sales from locals who count on the store for a mid-afternoon snack or cup of coffee. Visitors, on the other hand, often stock up on the items within the store, especially if they are on their way to another part of the state or nearby metropolis.

Leasing

The choice to lease a gas station in this city is likely to produce a reliable profit margin as well as the benefits of being located in a beautifully designed, bustling urbanity. Numerous stations here are located within walking distance of vibrant residential neighborhoods, virtually guaranteeing that the residents of the nearby homes will patronize the station for most of their gas needs.

The leasing prices can vary depending on how close the property is located to a major thoroughfare, which for most of the city is Route 28. However, stations located on the routes farther away from the city center benefit from visitor traffic, which can be fairly heavy during the spring and summer months as travelers make their way to various natural attractions. The presence of a respected learning institution also draws heavy traffic near the holidays, when parents pick up and drop off their children.

Essentially, setting up shop in this area will draw customers from a wide spectrum of the populace. Many of the stations in this area are designed to host between two and ten pumps, although in some of the more rural regions the stations expand to welcome 18 wheelers and other large traffic. Both diesel and standard gasoline are traditionally dispensed; owners may choose to favor one type of fuel over another depending on their targeted market. The type of signage that each station uses changes dramatically depending on its proximity to town. For those fueling centers that are located on a relatively open road, the signs tend to be large and mounted many yards away from the actual station. For those fueling centers located in the town, the signs are traditionally illuminated from inside and are sited on the actual property, where they can easily be glimpsed from the street corner and adjoining street.

Geographical Location

Just 24 miles from Boston, this charming city is sited very close to the Massachusetts/New Hampshire state line. The city itself is bordered by the towns of North Andover to the north, Dracut to the west, Tewksbury to the south, and Boxford to the east. The city, which has two principal neighborhoods in the form of Ballardvale and Downtown, is crossed by numerous roads, including Route 125, Route 133, Route 28, Interstate 93, and Interstate 495. Route 28 goes directly through the heart of downtown and passes several green spaces, including the Belknap Estates Green Area and the Goldsmith Woodlands. Meanwhile, Route 133 passes by the Haggetts Pond Watershed. Interstate 495 glides around Bald Hill, while Interstate 93 passes over both the Merrimack River and the Fish Brook Wetlands.

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gas stations