Gasoline Service Station In New London County For Sale

Business description

This un-branded gas station is located on a very busy road, which is a part of a neighborhood, with casinos, and commercial buildings. It has a very spacious convenience store, as commodious and stylish as a 7/11. The store earns over $60,000 a month, in gross sale. It pumps 60,000 to 70,000 gallons a month. There is also a price split between cash and credit at the pumps. The landlord is 100% responsible for the maintenance of the underground tanks. There is also an option to buy property. The store is laced with lotto, cigarettes, cigars, foods, caffee&breakfast, etc. License for beer has been approved, which will give a tremendous boost to the revenues. it is also a neighborhood store. The seller has bought another business in New York, so he finds it hard to run it. The seller's net cash flow, after paying all the expenses, is $10,000 a month.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

The seller has a business in New York; he can't focus on this one.

Employees:

2/2

Years established:

1992

Other information

Support & training:

seller will train

Financing available:

300,000 down & TBD

Furniture / Fixtures value:

$15,000

Inventory / Stock value:

$20,000