Business for Sale |
Buy A Business |
ID:20933
New London County, CT
Business Type: special situations,best deals!,new to market,retailing businesses,convenience store,gasoline service station,general merchandise store,other eating & drinking places,other food stores,supermarket
Asking Price
$300,000.00
Gross Revenues
$3,048,000.00
Financing
$ 300,000.00 Down and TBD
Owner's Cash Flow
$128,300.00
This unbranded gas station is located on a very busy road, which is a part of a neighborhood, with casinos and commercial buildings. It has a very spacious convenience store, as commodious and stylish as a 7/11. The store earns over $60,000 a month, in gross sales. It pumps 60,000 to 70,000 gallons a month. There is also a price split between cash and credit at the pumps. The landlord is 100% responsible for the maintenance of the underground tanks. There is also an option to buy property. The store is laced with lotto, cigarettes, cigars, foods, coffee & breakfast, etc. License for beer has been approved, which will give a tremendous boost to the revenues. It is also a neighborhood store. The seller has bought another business in New York, so he finds it hard to run it. The seller's net cash flow, after paying all the expenses, is $10,000 a month.
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