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Price Change-Gas/ Conv. $3.9 Million Sales

West of CT River, Connecticut (Hartford County)

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $195,000 Inventory $70,000** 
Gross Income $3,968,601 Real Estate  
Cash Flow $121,845 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

VERY active station pumping on average 80,000 gallons/month with a minimum spread of 10 cents/gallon. Convenience store generating approx. $55,000/mo. with cigarettes accounting for about $35,000. Operator works on 13% gross profit margins for cigarettes and 35% gross profit margins for the convenience store. Small deli operation generates about $2,000/mo. Lottery generates between $35-40,000/yr commission and an ATM machine about $500-600/mo. Operator has a number of commercial accounts billed monthly that average $30,000/mo. Many accounts are diesel and bring a premium price. Oil company requires $20K deposit.

Facilities: Present lease ends 7/21/09 and is at $5,028/mo. Automatic 3 year renewal with 4% annual increases.

Support/Training: Owner will advise.

Business For Sale By

Bob Fiske

860-529-8181

Larson Associates

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