|
Gas with Small Store for Sale in Southern Connecticut
| Reference #: |
05221620
|
| Location: |
Southern Connecticut
|
| Price: |
$125,000 |
| Amount Down: |
$125,000 |
| Revenues: |
$154,800 |
| Discretionary Earnings: |
$33,600 |
| Total Assets: |
$3,000 |
| Business Description: |
This gas station is pumping about 80,000 gallons per month at a margin of between $.10 and $.12 per gallon and is selling about $500 to $750 per day in convenience items from a small kiosk style market. Lottery has recently been added and is generating commissions of about $300 to $400 per month. The location is prime on a busy north/south state route in the main shopping section of the city. A major factor from an expense point of view is the monthly rent of only $1,750 per month with no additional common charges. Hours of operation are 6am to 10pm. Inventory on hand is approximately $6,000 and is to be paid in addition to the purchase price. The business has a straight ten (10) year lease expiring in Dacember 2019. The oil company will require a $32,000 refundable deposit and a $5,000 non-refundable deposit at closing. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
|