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Listing Number: 2651

Gas Station, Property Businesses for sale in Fairfield County, Connecticut

Business:Gas Station, Property Businesses for sale
County, State: Fairfield County, Connecticut
Business Type: Gasoline Service Station, Convenience Store, Automotive Dealers/ Auto Retail

Summary Description

Major branded gas station with property on main road in Fairfield County. Option is available for owner to hold mortgage or will lease station at $8,500 per month triple net. Well equipped with State inspection license which is suppose to re-start on September 1, 2004. No franchise approval required. Station pumps 90,000-140,000 per month at an average .017 pool margin. Small convenience store does $15,000 per month and can be expanded. 4 large bays with an abundance of service work. Station has excellent reputation and many of these upscale customers have their cars repaired at this location. This is an opportunity of a lifetime for a good operator. Station will make $300K in 2004 in profit.

About the Sale

Asking price: $1,925,000 (USD)

Financing: 10 year balloon/30yr payment schedule/7%

Total Revenues: $2,521,024 (USD)

Cash Flow: $119,451 (USD)

Reason Selling: Owners wish to retire

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.