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Prime Location Gas & Convenience Store

New Haven County, Connecticut

Asking Price: Gross: Cash Flow:
$129,000 $395,200 $21,700

Furniture and Fixtures Value:
$70,000 ( not included in the asking price)

Inventory Value:
$50,000 ( not included in the asking price)

Business Summary:
LISTING ID # 36122This prime location Gas and Convenience store comes fully equipped for successful fried chicken and sandwich operations. It boasts attractive margins both inside the store and at the gas pumps. Unfortunately, the current seller has faced several setbacks, leading to the decision to sell this excellent business location. Key employees responsible for running the fried chicken operation were lost and could not be replaced, significantly impacting the food aspect of the business. Additionally, the absence of a lottery machine and scratch tickets, which used to generate $2000 in monthly commission, has further affected revenue. Compounding these challenges, the seller experienced a personal setback due to an automobile accident and resides far from the location, managing other businesses. Consequently, they are compelled to sell. For a new buyer, the seller will cover a $15,000 gas deposit and a $21,000 security deposit for rent. This opportunity is ideal for an owner-operator with experience in food operations and lottery sales. Currently, the store averages around 800 gallons per day in gas volume and $800 per day in-store sales. For further information, please 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36122 for instant access to this business information.

 
   
   
Year Business was Established: 2014
   
Number of Employees: 2 FT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Health  
 

 

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