Absentee Gas & Convenience storeopportunity - 37836 Business Type: absentee business,convenience store,misc. retail/non-classifiable,other eating & drinking places,other food stores,gasoline service station

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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $275,000 | Down Payment | $275,000 |
| Gross Revenues | $1,980,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $70,000 | Number of FT Employees | Register Free to View |
Financing
$275,000 Down and
Business Description
Outstanding opportunity to acquire a branded gas station with strong fuel margins, multiple income streams, and significant upside potential.
The business is currently operated on an absentee basis, giving a hands-on owner-operator an excellent opportunity to increase sales and profitability. The convenience store generates approximately $36,000 per month in sales, while fuel volume is approximately 25,000 gallons per month. Current fuel margins are approximately $0.40 per gallon on regular, $1.19 per gallon on premium fuel, and $0.65 per gallon on diesel.
In addition to fuel and convenience store sales, the business generates approximately $55,000 per year in lottery commissions, $16,000 per year from vacuum and parking income, and approximately $4,800 per year in ATM commissions.
There are several potential growth opportunities for a new owner, including adding beer and wine, subject to licensing and approval. The property also offers a large parking lot that could potentially accommodate a food truck or other complementary food concept, and there may be an opportunity to add a car wash.
With strong existing revenue streams, attractive fuel margins, and multiple opportunities for expansion, this gas station is well positioned for an active buyer looking to grow an established operation.
For more info, contact the broker, Amit Desai at 860-680-4371
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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.
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