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Business for Sale Summary

Money Making Gas & Conv. Store - 26544

Business Type: retailing businesses,automotive dealers/ auto retail,convenience store,general merchandise store,misc. retail/non-classifiable,other eating & drinking places,other food stores,auto repair,auto/truck mechanical repair,misc. servicel/non-classifiable,other business services,repair services,absentee business,best deals!,illness forces sale!,must sell/drastic price reduction!,seller financing available,gasoline service station
Money Making Gas & Conv. Store
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $565,555 Lease Remaining Register Free to View
Owner’s Cash Flow $70,048 Number of FT Employees Register Free to View

Financing

$99,000 Down and

Business Description

BRANDED GAS STATION CONVENIENCE STORE AUTO REPAIR FOR LESS THAN $100,000.00!!! AND A LITTLE MORE THAN A 1X MULTIPLE!!! This is a buyers dream come true. Not only can a Gas Station Convenience Store Buyer purchase a profitable, established business for less than $100,000 with a little over a 1x multiple but has a great opportunity to increase revenue exponentially by ADDING a deli, drive thru franchise restaurant, buy-here-pay-here auto sales with its huge lot, western union, bill payment, and completing the approval of accepting food stamps that is already begun. This business is in fabulous condition located on Connecticut?s main arterial state route just off of Interstate 84. Its great location is also complimented by being surrounded with huge apartment complexes, multiple housing communities, schools, and business district that caters to its loyal customer base going and coming from work and school. The auto and truck repair section of the business has two bay doors for easy access for repair and maintenance that is currently rented to trustworthy and expert mechanics for a yearly rental income of $20,400.00 or can be acquired and operated when rental contract expires. The gasoline aspect of this business has 4 pumps offering regular, mid-grade, and premium fuel with an average of 32,000 gallons sold per month which adds annual revenue of $30,128.00 to the books. The convenience store aspect of this business is annually comprised of approximately $486,863.00 at a 30% to 35% gross profit margin for groceries and other merchandise, plus Lotto Commissions contribute $19,717.00, ATM Commissions add $9,320.00, Cigarette revenues are approximately $15,286.00, and other miscellaneous revenues average $2,050.00 annually. The seller and landlord have a great relationship and have agreed to split the credit card fees for gasoline and inside sales along with a straight monthly charge of $200.00 to cover all maintenance expenses for everything from minor building repair to hose, nozzle, canopy, roof, etc?It just does not get any better than this listing for the new and experienced business owner to acquire a existing, profitable business with such upside income growth potential and multiple income diversification than this business being offered now! This Branded Gas Station Convenience Store Auto Repair business is about to be campaigned to thousands of buyers, and it will not last long as a listing. Do not hesitate and call right now before it is sold to right out from underneath you! Please call 1-877-735-5224.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.