Stoughton Gas Stations

Located about 17 miles away from Boston, the town of Stoughton, Massachusetts, is a Boston suburb that has a lot of investment potential thanks to the fact that the city of Boston is steadily growing. With its close proximity and population of 28,431 people, the town is also populated by many individuals that commute every day, which presents a unique opportunity for adventurous investors: the gas station. With a service station, you can capitalize on the daily traffic of commuters and experience a speedy return on investment.

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gas stations

Purchasing and Leasing Gas Stations

There are two ways to invest in a modern service station: purchasing and leasing the property from an owner. Both of these can have their share of crucial advantages, so let's take a look at a few:

• Purchasing the Station – When you opt to purchase a brand new service station, one of the first things that you should consider is the cost. A new service station can set you back by millions of dollars, and even if you're financing, the down payment can be similarly steep. With that said, if you have the capital and the patience, purchasing your new property can allow you to have a higher level of control that's just not available with a lease. Also, a gas station is an excellent investment property that you can use to build equity, cash in for retirement, or lease out for steady cash flow. Also, when you mortgage your station, the monthly payment will be fixed for the duration of the loan.
• Leasing the Station – If you don't mind a landlord or if you simply don't have the capital to invest in a service station purchase, then consider renting one. This is also a great option for an investor that wants to lease before they buy – doing it this way will give you a good idea of how a service station performs.

Renting is also the style of investment that requires less commitment. When you rent, you can break or simply wait out your lease if the property is underperforming. It's also easier to profit sooner with a leased station; you won't be paying back a mortgage and waiting for capitalization, so day-to-day sales may provide a quicker payout.

Buying a Service Station with a Convenience Store

Simply put, a service station investment isn't going to provide you with huge profits from the sale of gas alone. When you're selling gas, large percentages of each sale go to the refineries, the oil providers, the delivery services, and government taxes. In the end, you will end up with less than five percent of the profit from the sale.

For this reason, most service stations have convenience store add-ons. A convenience store has a lot of synergy with a service station; not only can the store be used for cash payments for fueling, but these stores also provide your customers access to a bevy of products that you can sell.

Neighborhoods to Consider for Your Investment

Stoughton is comprised of seven distinct neighborhoods:

• The North Section
• The South Section
• Town Center
• Washington Street
• Pennsylvania Avenue
• Stoughton Junction
• Charles Avenue

There are several interstates and highway systems that grant access to areas like Providence, Boston, and the remainder of the East Coast. Many of these neighborhoods grant access to these roadways, so there is definitely some great opportunities to capitalize in this town.

With that said, it's always a good idea to have support in your corner, and Boston City Properties is a brokerage that has helped many of our clients make investments just like this throughout the Boston area. Give us a call today at 617-247-1933.

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gas stations