Hot Listing

SG 11109 Connecticut Norwich Griswold Branded Gas Station and FastFood

Asking Price$2,600,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,400,000

Inventory$45,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

SG 11109 Connecticut Norwich Griswold Branded Gas Station and FastFood


Asking Price$2,600,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,400,000

Inventory$45,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
$2,600,000 Plus Inventory for Connecticut Norwich Griswold Branded Gas Station and Fast Food with Property E2 EB5.  The sale price includes a gas station, convenience store, fast food space, a two-bay auto mechanic garage, and an apartment located above the C store, which can be rented for $ 1,500.00 per month.  Brand-new, double-wall fiberglass tanks.  There is potential to increase profits by operating or leasing the additional rental unit for an additional rent of $ 1,000.00 per month or more.  Large 2000 SF C Store which sits on 2 acres of land.  $60,000 average inside merchandise sales with much higher margins of profit.  45,000 - 50,000 average monthly gallon gas sales with 20 20-cent average margin per gallon, plus 3-cent gas rebates on every gallon.   VERY SHORT SUPPLY AGREEMENT.  NEW TANKS, NEWER PUMPS, UPGRADED GAS EQUIPMENT, POS, and brand new gas tanks.  Strong additional income from lottery, ATM, Air Pump, Cigarettes, and other rebates and commissions.  Very Visible station.  Great location on a major Interstate road in a residential area with lots of traffic.  Established business with lots of loyal customers and a great reputation.  Large C Store has lots of potential for adding more profit centers with an owner-operator or the right manager. "BUSINESS IS CURRENTLY RUNNING WITH ABSENTEE OWNERSHIP".  Motivated seller (Retiring).  Great opportunity for increased revenue with the right family, or an owner operator, or a family.  Please "do not disturb employees" and call The Saleh Group for more information and showings, or visit us online.
About the Business
Facilities & Assets
3000 sq. ft. Stand-Alone Building
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Seller retiring and relocating
Transition Support
2 weeks at no cost to buyer
Listing Info
ID
2407770
Listing Views
657

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Business Listed by: Nidal Saleh The Saleh Group RE/MAX Preferred Group

Listing ID: 2407770 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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