Irving Gas Station / C-Store w/Krispy Krunchy Chicken - New Haven, CT

New Haven County, CT

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Asking Price: $475,000

Cash Flow: $180,937

Gross Revenue: N/A



Inventory: N/A

Established: N/A

Irving Gas Station / C-Store w/Krispy Krunchy Chicken - New Haven, CT

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Business Description

Irving Gas Station / Convenience Store with Krispy Krunchy Chicken - Modern beautiful station. Does approximately 125,000 gallons of gasoline, & diesel per month at a 8 cpg commission (8 cpg net, no credit card fees, all credit card fees being paid by distributor). This station has 8 MPD's and 16 fueling positions, station is all self serve, has a canopy, has pay at the pumps & is located on a busy road. C-Store does approximately $83,333 per month at a 25% margin. Krispy Krunchy Chicken does approximately $33,333 per month at a 42% margin. Lottery does approximately $72,000 per month at a 6% margin. ATM does approximately $1,300 per month net. Air/Vac/Rebates does approximately $1,000 per month net. Great location! Station open 24/7. Station will start with a 20 year lease, starting at $11,000 per month with 3% annually increases or CPI, the greater of the two, plus real estate taxes of $2,500 per month, will be adjusted annually. A rent deposit of $13,500 is required and a fuel deposit of $35k is required. Inventory at closing will be dollar-for-dollar (No Fuel Inventory). This is one of Krispy Krunchy Chicken busiest locations in CT and sits adjacent to a very busy car wash. Option 2 would be a 10 year lease for $325,000. Approximate annual cash flow: $180,937.

Detailed Information

Support & Training:
2 weeks
This business is an established franchise
Business Website:
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Bill Blau

Business Listed By:
Bill Blau

Bill Blau RE & Business Broker, Inc

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