Weston Gas Stations

Located in the heart of Middlesex County, the town of Weston, Massachusetts, is a great place to look if you are considering a services station for your next investment. It is only about 15 miles from Boston, which means that even though there is public transportation in the town, many of the residents will prefer to drive their own vehicle to and from the city each day. This is especially true since there are several highways located right in town, which includes a portion of the Massachusetts Turnpike.

Click Here to Search

gas stations

Purchasing and Leasing Gas Stations

When you invest in a service station, the location that you choose is going to be very important. You want to be located in an area where there are major intersections or highways that will generate a lot of customers who are traveling to and from work. Being positioned near a mall or a popular restaurant is also going to be a great idea that will help draw in customers as well.

Once you have found a location that you believe is going to be profitable, you can start considering whether you want to purchase the property or lease it. Both options have their benefits, but obviously, one is going to be more attractive to you and your investment needs. Here are the benefits of each option for you to consider:

Leasing

• You do not have to make a long-term commitment.
• You are not responsible for the taxes on the property.
• A large down payment is not required.
• Repairs will be handled by the owner.
• You can get a test run of the neighborhood before committing.

Buying

• You can expand at any time.
• You can opt to rent out things like a car wash or a repair shop that are connected to your location.
• As an investor, you may qualify for a 1031 exchange.
• You can choose the promotions that are active at your location.
• You can select the gas supplier that you use at your location.

Buying a Service Station with a Convenience Store

Selling gas alone is not going to be the most profitable option, so you may need to consider expanding the services that you offer. One of the most worthwhile expansions to consider is adding a convenience store to your location, but what are some of the advantages of having one?

• Customers will buy snacks and drinks for their travels.
• Fresh coffee keeps regulars returning each day as they commute to work.
• A grill will entice customers to purchase a warm sandwich for their travels.
• If you have an indoor restroom, customers tend to look around the store while waiting for others that they are traveling with.
• Lottery tickets will bring back customers, especially if they find a winning ticket at your location.

Neighborhoods to Consider for Your Investment

In this area of Massachusetts, there are two major neighborhoods that you should consider before you decide on an investment. These neighborhoods are:

• Regis College
• Hastings

This is a relatively expensive place to live in the state, but with that being said, the crime rate in this area is also quite low. Both neighborhoods would be a great option for an investment, but the Massachusetts Turnpike and I-95 cut through Regis College, which is the southern part of town. Finding a great investment can be difficult, but having a professional on your side can make a world of difference during the process. Boston City Properties has years of experience with this type of investment, so call us today at 617-247-1933 so that we can get started.

Click Here to Search

gas stations