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This branded gas station, with a commodious convenience store, is located in the midst of a busy commercial and holiday resort area, in New London County, CT. The surrounding areas is rich and affluent, with high-end real estate. The size of the store is 2000 sq. ft. with another 800 sq. ft of empty space that can be added to the store. A possible deli can be built to boost the revenues. The store has lotto, cigarettes, vape, cigars, coffee & breakfast, etc. The store makes over $100,000 in gross sale a month; the business earns .25 cents profit margin on a gallon, from the gas; sells diesel too. No oil deposit for the oil company. During summer, the business makes $4,000 a month from the sale of ice. No other gas station is located in the area. Owner has had it for over 25 years. Currently owns the property and is willing to sell the property in future. Is willing to hold a note for a financially qualified buyer. Do not miss this great business opportunity because the business is at the best location and the property is also available. The seller's net cash flow, after paying all the bills, including payroll, is over $240,000 a year. The seller maintains an excellent paper work to prove the numbers. Call Syed for more information.
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Seller will train
350,000.00 Down & A note of $125,000 at 7% for 24 months
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