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Business for Sale Summary

Absentee Operated Gas Station with Property in CT - 35922

Business Type: business with property available,convenience store,owner financing available,gasoline service station
Owner Financing
Absentee Operated Gas Station with Property in CT
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Financial Information (non-confidential)

General Information
Asking Price $440,000 Down Payment $300,000
Gross Revenues $3,234,000 Lease Remaining Register Free to View
Owner’s Cash Flow $115,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and A note of $140,000 at 10% for 36 months.

Business Description

An unbranded gas station with property, featuring a well-run convenience store, is located on a very busy road in Hartford County, in CT. The business pumps over 90,000 gallons a month, and the store generates over $50,000 in gross sales a month. The store offers lotto, cigarettes, cigars, all smoke shop items, coffee, breakfast, etc. Additionally, the lotto generates over $1,000 a month in commission. The seller, offering generous financing option, is willing to finance. For the business alone, the seller is asking for $440,000, but with the property included, the price is $2.5 million with a down payment of just $1 million. It is 100% absentee-owned business. The seller has many businesses in several states. This is a great opportunity for a first-time gas station buyer to purchase an unbranded gas station with property, along with generous financing from the seller. Call Syed at 631-374-7686 for more information.

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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.