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Business For Sale
GAS STATION OPPORTUNITY
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Asking Price: |
$1,000,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Owner Not Capitalized to Build a New Station |
Business for Sale Overview:
This opportunity is quite unique. The owner has owned and operated a gas station set off of Highway 36 in the town of Muskego. The station includes a 2 bay garage currently leased to a used car center, service garage and towing company. Upstairs is a fully rented 2 bedroom apartment, and the convenience and liquor store occupies the main portion of the station which sits on 2.5 acres of land. The owner purchased an additional 2.4 acres of land directly on the Northeast corner of Highway 36 and Hy G to build a new station. He received zoning changes and approvals as well as did site assessment, grading plans and potential build out plans all of which are included in the sale of this property. What the new owner will receive is $5,500 per month of rental income from the current station and tenants along with the 2.5 acres of land and building that the Loomis Petro Mart now occupies. Once the new station is built on the additional 2.4 acres, the liquor license and inventory of the convenience store will transfer to the new station and there will remain $3,500 per month of rental income from the garage and apartment with opportunities for the new owner to install secondary draw businesses, for instance a bait shop as there are six lakes within 2 miles of this location. The difficult parts of rezoning and receiving approvals have been done.
Owner projections and representations are as follow: 80,000 to 100,000 gallons per month and 120,000 to 150,000 dollars per month in Convenience and liquor store sales. Hwy 36 estimates are 15,000 cars per day and Hwy G traffic estimates are 3,000 cars per day.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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