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Business For Sale
LIQUOR STORE WITH CONVENIENCE AND GAS STATION
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Asking Price: |
$1,250,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Reason for Selling:
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Owner Retiring |
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Year Established:
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1985 |
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# of Employees:
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6 |
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Yearly Revenues:
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$2,342,430 |
Business for Sale Overview:
Gas Station/Convenience Store with beer/wine and large liquor sales located in the quaint resort town of Lexington, Michigan. The store is located on busy US-25 with high traffic volumes. The Lexington area continues to be busy due to its relative close proximity to the Metro Detroit Area. The town is known as the First Resort North which is only 1 gas tank away.
The property is owned, not leased. The store includes convenience items, beer/wine, lottery and is the largest liquor seller in the county. This is a great opportunity for an owner-operator.
Property Features and Assets:
2,602 square feet building which is owned with 12 door walk-in cooler. Second walk-in storage cooler 8 x 8.
Property located on US-25 which prime road frontage on heavily traveled area. 5 Bennett pumps providing 8 fueling stations. Veeder-Root underground tank monitoring system with leak protection & overfill alarm, moisture tracking. Remote monitoring capable.
Market Competition and Expansion:
Great growth potential in busy Lexington, Michigan. The business could be increased to provide food sales. Currently operating as a Valero station with new signage in 2007.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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