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Prime Location Gas & Convenience Store In Connecticut For Sale

Connecticut, US
Asking Price:
$129,000
Sales Revenue:
$395,200
Cash Flow:
$21,700

LISTING ID # 36122

This 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.

Business Operation

Reasons for selling:

Health

Employees:
2 FT
Years established:
10

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$70,000
Inventory / Stock value:
$50,000