Business Description

Branded gas station and convenience store. Property is available for 3,500,000 store located on main road with high traffic volume in down town area of large and affluent city with property for sale. Station has been established for over 50 years with no competition in the area. Has good gas sales volume with high profit margin. Inside sales are profitable. Lottery commission is high. Income is also generated from ATM, air, and vacuum machines. A package of three corporations must be purchased. They are the real estate corporation, the convenience store corporation, and a corporation which has the rights and the licenses to sell groceries and beer at the location. The list price of $1,300,000 is for the convenience store corporation. The asking price for the real estate corporation is $2,500,000 which purchase can be negotiated directly with the seller. As the beer and grocery licenses have only recently been granted the figures for the business, they do not reflect the extra income to be generated from these future sales. There are only approximately 6 other grocery and beer licenses granted in Connecticut. Contact the seller's broker for more information.