Money Making Gas & Conv. store - 26544

Hartford County, CT
Hartford County

Asking Price: Annual Revenue:
$99,000 $565,555

Automotive & Boats: Gas Stations

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RE: Money Making Gas & Conv. store - 26544 Broker: Amit Desai

Quick Facts

Asking Price: $99,000
Annual Revenue: $565,555
Net Profit: Not Disclosed
Cash Flow: $70,047
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 2
BBN Listing #: 30494447
Broker Reference #: 26544

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Business Overview:

Great money maker even as an absentee but engaged owner. Nice gross profit margin for inside store and very steady garage tenant paying timely rent. Store is still growing as food stamps are approved and yet to come. Possible Drive through with huge convenience store with fast food franchise is possible and enough space is there. Also possible, bill payment, western union and weekly checks from state etc. Store does approximately 32,000 gallons gas volume per month with $30,128 profit, lotto commission of $19,717/year, ATM commission of $9,320/year, garage rental income of another $20,400/year, Cigarette revenues are $ 15,286/year and for sale space rental income is $2,050/year. Credit card fees for both gas and inside are split between owner and landlord and $200/month maintenance would include everything from hose, nozzle to canopy and roof etc.

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Reason for Selling:

Seller is moving on

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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