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Business For Sale

UPPER PENINSULA GAS & C-STORE, W/REAL ESTATE

Attn: Kathy Finn
Traverse City, MI, USA
Listing Number: "1267-KF"
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Asking Price: $325,000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
Reason for Selling: Pursuing Other Interests
Year Established: 1957
# of Employees: 1 Full/3 Part
Yearly Revenues: $820,000
Yearly Cash Flow: $55,000
 

Business for Sale Overview:

Upper Peninsula Gas Station/Convenience Store - Family demands have forced owner to put his gas station & convenience store up for sale after 20 successful years of operation. Just 17 miles from St. Ignace in the middle of “God’s Country”, the store is located on a major multi-use tourist artery of the UP, and a trail hub for snowmobilers and ORVs. Five campground facilities are situated close to this location as well as resort locations, camps, cottages and public boat launches. Sales have averaged $800,000 the last two years. Gas margins are in the 10-12 cent range. The station has no environmental concerns. The attractive 4,000 s.f. convenience store has a full package liquor/beer-wine license and a small deli department. An experienced staff offers friendly home town customer service. Priced at $325,000, this cash flowing business will sell for the appraised value of the real estate alone!


Property Features and Assets:

4,000 sq. ft. building; included in sale price.


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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