Business For Sale

Newly remodeled Citgo station near Lake St. Clair.

Harrison twp, MI
Wayne County

Asking Price: Annual Revenue:
$300,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: Newly remodeled Citgo station near Lake St. Clair. Broker: shawn baek
Owner Financing is Available!
$100,000 down LC

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Michigan
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 669734516
Broker Reference #: Not Disclosed

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Business Overview:

Newly remodeled and branded CITGO. Location has huge potential. New pumps. Location a block from Lake St. Clair. Lots of fishing traffic. Land Contract available with $100,000 down. Lease for $3,000 per month.
Sales: store $20,000/month, gas 45,000 - 50,000 gallons/month. Lotto $6,000/month. Absentee owner, owner operation should increase sales a lot.

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Property Features and Assets:

388 square feet store. 0.94 acre Tanks: 1990 steel with epoxy coating, 2 of 12,000 gallons. 9 year left gas contact.

Market Competition and Expansion:

Land avail to expand the store. This will significantly increase store sales.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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