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RE:  Well Est. Central Minnesota Gas/Convenience Store Contact:  David LaVoi

Quick Facts

Asking Price: $650,000
Annual Revenue: $2,507,267
Net Profit: Not Disclosed
Cash Flow: $171,484
Total Debt: Not Disclosed
FF&E: 271,524
Real Estate: $300
Year Established: 1976
Employees: 1
BBN Listing #: 38914955
Broker Reference #: 5101-17268

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Business Overview:

This very well established gas/convenience store started in 1976 and the current owners have operated it since 1992. It's on a very busy highway heading to the north country. They sell over 600,000 gallons of a nationally recognized distributor of gas and diesel products. The store stocks the traditional things in a convenience store but also have some hunting, fishing, sporting supplies and other miscellaneous things. They also provide the area with U-Haul services.

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Property Features and Assets:

The property being offered is about 2.5 acres with the building area about 3,060 square feet. The store occupies about 2,520 square feet and there is a apartment in the back which is approximately 540 square feet. It has 2 bedrooms, living room, kitchen and a full bath. There is a 2,500 square foot storage building located behind the main building. Assets = $676,946

Market Competition and Expansion:

The closest competition is miles away and this store is very well established. There is plenty of room for expansion into other complimentary services depending on a new owners business plan.

Reason for Selling:

Retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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