Sturbridge Gas Stations

Sturbridge, Massachusetts, is one of the most motorist-friendly towns in the state. Located inside Worcester County, the town grants easy access to Interstate 90, Route 20, and Connecticut Route 14, and for those that like to commute, Worcester is only about 21 miles away from town. As a result of many of the town's residents being motorists, this is an excellent town to invest in a gas station.

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Purchasing and Leasing Gas Stations

If you're wondering what it takes to invest in one of these commercial investments, you'll have two different strategies that you can use to acquire your first service station:

• Purchasing the Station – If you want to purchase your service station, then there are a wide variety of advantages. First, owning a station lets you decide on which suppliers you'll work with, the promotions that you will be running, and even what supplementary businesses that you will be running at your location. Effectively, you will simply have more control. Also, having a mortgage allows you to lock in a fixed financing rate that will be progressively easier to pay off as time progresses.When it is time to retire, service stations are easy to lease and easy to sell due to the fact that there is always a high demand for fuel. Both choices will provide you with the capital you need to retire comfortably with either a large sum of cash or a steady month-to-month cash flow.
• Leasing the Station – You don't have to purchase the station to take advantage of the profit opportunities in Sturbridge. In fact, leasing from a service station owner is a great way to make a profit without the same level of commitment required in an outright purchase. In fact, without a mortgage to pay off, you can typically make a profit much sooner by simply renting the property.

Also, your costs can remain relatively fixed because commercial leases like this type typically have longer lease periods. If the service station starts to underperform, you aren't as committed to the station as you would be with a station that you've purchased, so you can move onto another lease at another station if needed.

Buying a Service Station with a Convenience Store

If you are planning on making a profit with this kind of investment, then it is important to understand that gas sales are more of a gateway to your other ancillary businesses. For every $50 of gas you sell, you can expect as much as $30 of that to go to the oil company, $7 to go to the refineries, $6 to go to taxes, and another $4 to the delivery companies. In the end, only about one to two dollars of that will go to your station as profit, which is why the convenience store is so popular with service station owners.

When you own a convenience store that is connected to your service station, you can capitalize on the spending habits of commuters. Not only will your commuter customers come in for bathroom breaks and to pay for their gas, but they'll use these trips into your store to purchase things like newspapers, snacks, coffee, and lottery tickets. In fact, it's through the sale of these items where you'll most likely see the crux of your profits from the station.

Neighborhoods to Consider for Your Investment

Location is everything when you are investing in just about any commercial property endeavor, and it is always a good idea to scout out the neighborhoods before you settle on anything. This town has three distinct neighborhoods that include:

• Fiskdale
• Old Sturbridge Village
• Town Center

Each of these areas grants access to highways that lead to various parts of the state and to the interstate system, but if you are wondering which ones have the best service stations for rental or purchase, then give us a call at Boston City Properties at 617-247-1933 – we have lists of available properties of this type throughout the state.

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gas stations