Liquor Store & Mixed-Use Property with Approved Gas Station Plans in CT
Financial Details
- Asking Price:
- $4,000,000
- Annual Revenue:
- $1,200,000
- Cash Flow / SDE:
- $250,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 16.0x
- Location:
- CT, US
- Source:
- Date:
- September 21, 2025
Key Highlights
Description
This is a rare and unique opportunity to acquire a well-established liquor store situated on a prime, highly visible corner lot in Connecticut, boasting 18,000 car count and over 125 feet of main road frontage. The business currently generates over $1.2 million in revenue with significant growth potential. The sale includes 2.5+ acres of land with approved plans for a 4 MPD gas station and a large convenience store, making it one of only five such mixed-use properties in the state. The property also features three existing retail storefronts (one previously leased for $4,500/month), five apartment units, and ample open land suitable for developing a storage unit business, a popular venture in the area. This comprehensive offering presents a substantial opportunity for expansion and diversified revenue streams.
Industry Information
- Industry Description:
- Liquor Store, Gas Station, Retail, Apartments
- Classification:
- Retail
Real Estate & Lease
- Status:
- Included
Broker Contact
- Company:
- The Kensington Company
- Phone:
- (516) 626-2211
Listing Details
- Listing ID:
- 42e69b61-aa84-4217-a33b-be029ebd4b1f
- Source Listing ID:
- 15528
- Deal Status:
- For Sale
- Last Updated:
- September 21, 2025
- Currency:
- USD