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Business for Sale Summary

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
Absentee Gas & Convenience storeopportunity
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This business has received 5 indications of interest - Act Quickly!

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

 



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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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