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#Business ID: 19321

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Sunoco A - Plus C-Store

Business Location: Hartford, Connecticut, United States

Asking Price: $ 299,000 Revenue: not disclosed Cash Flow: $ 198,180

Business Summary

Rent: $9,080
Lease Term: 5 years A Plus lease

Business Summary:

Monthly gas volume of 70,000 gallons at 21 cpg weighted average margin between all grades, cash and credit. Including .04 a gallon Sunoco rebate and station charges .05 more for credit card sales. Can increase profitability by raising the credit card fee to customers. Station has 6 fueling positions, all self service, pay at the pump dispensers. Located on a very busy intersection. Store sales are $80,000 a month at 32% gross profit. Lottery sales are $60,000 a month at 5% commission. Open 24 hours, easy to operate. All new equipment (still on warranty) as store was remodeled this year (2013). Store was closed March, April and part of May, still building sales back! State of the art 2,000 sq ft convenience store. Sunoco maintains gas equipment. Sunoco A Plus school is required. Sunoco training is buyers cost, up to 3 people can train for $5,000 fee. Sunoco transfer fee is charged to buyer, between $12,500 and $25,000. Security deposit of only $10,000 required. Sunoco owns property. 5 year renewable PMPA lease is offered. The process to purchase a Sunoco A-Plus could take up to 6 months from start to finish depending on when Sunoco school dates are available. Cash Flow - $198,180.

Other Information:

Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer.

Disclaimer:

All information has been provided by the seller and needs to be re-verified by the seller. Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.

Listing Brokers:

Mike Moosbrugger
Cell: 631-786-3309
Fax: 631-744-7599
Email: [email protected]

Interested in this Business:

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Property Details

Property Type:

Lease

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