Well Established & Absentee Owner Gas Station and Convenience Store
- New London County, CT
Asking Price: $350,000
Cash Flow (SDE): $102,000
EBITDA: Not Disclosed Gross Revenue: $1,010,000
Established: 2010
Business Description
Established Branded Gas Station & Convenience Store | Absentee-Owned Investment Opportunity | New London County, Connecticut
CONFIDENTIAL — Project New London Gas Station & Convenience Store
This is a rare opportunity to acquire an established gas station and convenience store for sale in New London County, CT with a proven operating history, strong revenue performance, national fuel branding, and an established absentee ownership structure.
Unlike many traditional retail businesses, this opportunity provides buyers with a turnkey operation supported by existing employees, established systems, consistent customer traffic, and multiple revenue streams. The business has successfully operated since 2010, building a reliable customer base through fuel sales, convenience retail offerings, and essential everyday services.
The business generates approximately $1.01 million in annual gross revenue, supported by a diversified operating model that includes fuel sales, convenience store purchases, lottery, ATM services, tobacco products, beverages, snacks, and other high-demand merchandise.
The operation currently functions under a fully absentee ownership model, allowing the owner to benefit from established cash flow while daily operations are managed by experienced staff. This structure makes the business especially attractive for investors seeking a passive-income opportunity as well as owner-operators looking to increase profitability through hands-on management.
The gas station benefits from strong roadside visibility, convenient customer access, and consistent traffic from both local residents and commuters. The combination of a recognized fuel brand, established location, and essential consumer services creates a strong foundation for continued business success.
With average fuel sales of approximately 55,000 to 65,000 gallons per month, the business demonstrates consistent customer demand and operational stability. The convenience store component further strengthens profitability by providing higher-margin retail opportunities beyond fuel sales.
A new owner will acquire a turnkey operation with existing employees, operational infrastructure, vendor relationships, and proven systems already in place. Significant opportunities remain to increase revenue through expanded food and beverage offerings, improved merchandising, enhanced marketing programs, additional convenience products, and stronger customer loyalty initiatives.
This acquisition represents an attractive opportunity to purchase a profitable gas station business in Connecticut with immediate cash flow, multiple income sources, and meaningful growth potential.
Business Highlights
- Established gas station and convenience store operating since 2010
- Absentee-owned business model with existing management structure
- Approximately $1 million+ in annual revenue
- Strong fuel volume averaging 55,000–65,000 gallons per month
- Recognized national fuel brand affiliation
- Multiple revenue streams including:
- Fuel sales
- Convenience products
- Snacks and beverages
- Beer
- Tobacco products
- Lottery
- ATM services
- Existing trained employees and operational systems
- Strong visibility and roadside exposure
- Turnkey business ready for ownership transition
- FF&E included in purchase price
- Multiple opportunities for future revenue growth
Additional Information
Inventory is not included in the asking price and will be handled separately.
A signed Non-Disclosure Agreement (NDA) may be required before additional confidential business information is released. Qualified buyers may be required to provide proof of funds before proceeding with an offer.
Prospective buyers are encouraged to complete independent due diligence, including review of financial statements, lease terms, equipment condition, fuel agreements, and operational records.
Attached Documents
Detailed Information
Inventory
$100,000
Inventory is not included in the asking price.
The inventory consists of convenience retail products and merchandise necessary for continued business operations.
Furniture, Fixtures & Equipment (FF&E)
$25,000
Included in the asking price.
The sale includes existing furniture, fixtures, equipment, and operational assets required to continue running the gas station and convenience store.
Employees
The business is supported by an existing management and employee structure responsible for:
- Daily store operations
- Customer service
- Fuel transactions
- Retail sales
- Inventory management
- Store maintenance
The established staffing model allows a new owner to transition smoothly without needing to rebuild operational systems.
Facilities
The business operates from an established retail facility designed for fuel sales and convenience store operations.
Facility features include:
- Fuel dispensing operation
- Convenience retail space
- Product display areas
- Customer service area
- Operational storage space
Current lease information:
- Monthly rent: $16,500
The location provides strong visibility, easy customer access, and a convenient roadside presence.
Competition
The business operates in a competitive convenience retail market; however, it benefits from several established advantages that create customer loyalty and operational strength.
Key competitive advantages include:
- Recognized national fuel branding
- Established operating history
- Strong customer relationships
- Convenient location
- Multiple revenue channels
- Existing employee structure
- Consistent fuel demand
Unlike businesses dependent on a single revenue source, this gas station combines fuel sales with higher-margin convenience retail offerings, creating a more diversified income model.
Growth & Expansion Opportunities
This acquisition provides several opportunities for a new owner to increase revenue and profitability.
Expand Food & Beverage Offerings
Potential opportunities include:
- Adding prepared food options
- Expanding coffee and beverage programs
- Introducing additional grab-and-go products
- Increasing high-margin retail categories
Improve Convenience Store Merchandising
Growth opportunities include:
- Expanding product selection
- Adding premium convenience items
- Improving product placement
- Creating seasonal promotions
Increase Customer Marketing
A future owner may implement:
- Loyalty programs
- Local marketing campaigns
- Digital promotions
- Customer retention strategies
Increase Owner Involvement
While the business currently operates successfully under absentee ownership, a more active owner may identify additional opportunities to:
- Reduce operating costs
- Improve margins
- Increase sales performance
- Enhance customer experience
Support & Training
The seller may provide transition assistance to help ensure a smooth ownership change.
Support may include:
- Operational guidance
- Employee introductions
- Vendor relationship transition
- Assistance understanding daily procedures
Reason for Selling
The owner is selling because they currently live out of state and are seeking to transition away from ownership responsibilities.
Business Location
New London County, Connecticut
Why Buy This Gas Station & Convenience Store?
This opportunity provides buyers with the chance to acquire an established gas station and convenience store for sale in New London County, CT featuring:
- Over $1 million in annual revenue
- Proven operating history since 2010
- Absentee ownership structure
- Existing management and employees
- National fuel brand recognition
- Multiple revenue streams
- Strong monthly fuel volume
- Turnkey operational setup
- Expansion opportunities
Gas stations with established fuel volume, convenience retail income, and absentee ownership structures are highly sought-after investment opportunities. This business offers immediate cash flow with the infrastructure already established for continued growth.
Categories
- Santa Barbara County, CA
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What Owners Say Once the Deal Is Done
The real measure of a business broker isn't what they promise up front. It's what owners say once the money is in the bank and the keys have changed hands.
I spent two years trying to sell my laundromat on my own. Titan Business Brokers had a serious, qualified buyer in front of me within weeks. My employees had no idea the business was for sale until I told them on closing day.
Frequently Asked Questions
The business generates approximately $323,000 in annual gross revenue with $49,000 in seller discretionary earnings (SDE).
Yes. The business currently operates under an absentee ownership structure with managers and employees handling daily operations.
The business averages approximately 55,000 to 65,000 gallons of fuel sales per month.
No. Inventory is approximately $100,000 and is handled separately from the asking price.
The business offers established revenue, multiple income streams, experienced employees, national fuel branding, and opportunities to increase profitability through growth initiatives.
The business is located in New London County, Connecticut.
Yes. Seller support and training can be requested to assist with a smooth ownership transition.
Interested Buyers
Qualified buyers interested in acquiring this profitable gas station and convenience store in Connecticut are invited to inquire for additional confidential information.
Serious buyers should be prepared to complete confidentiality requirements and provide proof of financial capability before receiving detailed business information.
This is an opportunity to acquire an established absentee-owned gas station business for sale in New London County, CT with proven revenue, reliable operations, multiple income sources, and significant future growth potential.
