Branded gas station with fast food in Norwich, CT.

Featured on BusinessForSale.com . 4 viewed

Asking Price

$2,200,000

FOR SALE - ACTIVE

Detailed Information

Location

New London County, Connecticut, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

For sale is a branded gas station and fast food establishment located in Connecticut, Norwich Griswold, with the property included. The sale price encompasses the gas station, convenience store, fast food space, a two-bay auto mechanic garage, and an apartment that can be rented for additional monthly income. The property features brand new double wall fiberglass tanks and upgraded gas equipment and POS systems. With significant potential for increased profits through operational enhancements or leasing opportunities, this business also benefits from various income streams such as lottery sales, ATM services, and more. Situated on a 2-acre land along a major interstate road in a residential area with high traffic, this gas station boasts strong visibility and customer traffic. The business has an established presence in the community with a loyal customer base and a favorable reputation. The convenience store averages $60,000 in merchandise sales with high-profit margins, while gas sales range from 45,000 to 50,000 gallons per month. The station operates with a very

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