Gasoline Service Station
Location Connecticut,United States
Asking Price Range $250K - $500K
Gross Revenues $3264000
Net Profit / Cash Flow $149000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description This un-branded gas station is located on one of the busiest roads in New London County, in CT. The business is close to a neighborhood that has several casinos, and the commercial buildings. It has a very spacious convenience store:2600 sq.ft. The store is laced with lotto, beer, cigarettes, ATM, coffee & breakfast. One particular area is being used as a smoke shop. The business also sells fried chicken and sandwiches, which are cooked on the premises. The seller has all the state licenses selling these items. As there is no fried chicken shop in the area, so the fried chicken and sandwiches bring quite a reasonable revenue to the stores; that also helps increase the sale of beer. It is a self-serve gas station. It pumps around 70,000 gallons a month. The seller's net cash flow, after paying all the expenses, is between $12,000 to $15,000 a month. The seller wants to move to another state, so he must sell it; he, therefore, if willing to finance to a qualified buyer. Call Syed at 631-374-7686 for more information.
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