Listing Details:

• Business Category:     Gas Station
• Price:                                       $1,890,000
• Gross Revenue:              $4,414,143
• SDE:                              $233,462
• Seller Financing:          $0
• FF&E:                            $357,616
• Location:                       Upper Midwest
• Employees:                   9     
• Support & Training:      4 Weeks
• Reason for Selling:      Other Interests
• Non Compete:              100 Miles for 5 years
  
• Years Owned:                7

Business Description

Well established Convenience Store and Gas Station with a motel on site and additional acreage for expansion. Consistent business with excellent opportunity for an owner operator or part of independent chain.

Inventory not included in the purchase price.

Business History

Built in approximately 2007, Major addition in 2018, with periodic remodels & updates, these facilities are well maintained & updated. Operated by FT Managers and FT/PT employees.

Competition

Low Competition, minor competitors exist

Growth Potential

Huge growth potential by utilizing the Class A Liquor license. Historically, seller sells very little liquor by personal choice. Additional acreage offers potential for truck fueling and/or a car wash.

Facilities

• 8.42 acres
• Convenience Store 4,050 sq. ft.
• Motel – 15 rooms
• Seller updated all fuel operations with Card Reader technology, new piping, pumps, sumps, monitor
• 2 Gilbarco combo gas/diesel standard flow fueling stations. 2 Gilbarco gas standard flow fueling stations.
• Fiberglass fuel tanks (12,8,6 capacity) with fiberglass piping
• LED Lighted canopy
• Security has numerous cameras, 2 channel DVRs, door & motion alarms, cooler/freezer alarms.
• ~$1.44 million/yr. inside sales
• Propane cylinder exchange.
• Located on Interstate Hwy.
• Beer Cave and Class A Liquor License

Number of Employees

• 2 Managers
• 7 Full Time/Part Time
  
• Total: 9

Owner Weekly Hours

5 – owner does not spend any time on site, only does bookkeeping.