Business Overview:
Two (2) Well established Convenience Stores in West Central Minnesota includes ~2,200 square feet store on Highway/City lot and ~1,800 square feet store on Highway/City. Stores are 17 miles apart. Consistent & growing business well insulated from major chains. Excellent opportunity for owner operator or part of independent chain. One owner/manager can oversee both stores.
• Combined annual inside sales >$1.1 million (not including Tobacco, Lottery, Car Wash)
• Combined annual fuel sales >925,000 gallons
• No existing Fuel contracts
• Store 1: Modern & updated, ~2,200 square feet on city lot on highway
• Car Wash, Compliant pumps & canopy in very good condition, sti-P3 tanks.
• ~$1 million/yr. inside sales (40% tobacco, minimal lottery, 20% prepared food)
• Store 2: Older store, Seller has updated canopy & compliant pumps ready to install, ~1,800 square ft on city lot on highway. Located next to City Pkg Liquor.
• Located on well-traveled US highway
• Located in thriving small towns – bedroom communities, growing population.
Well maintained & updated. Current owners are local with good reputation, have operated numerous Convenience-Stores for 30+ years. Currently operated by FT Manager with PT employees, overseen by owner/GM. Competitive Overview Stores are the only Gas-C-Stores in town, on this busy US highway. Nearest competition is 5-6 miles away.
Potential Growth: New owner will see potential for food/prepared food for inside sales growth, Off-sale liquor operation could be possible at Store 1. Both will enhance traffic, revenue & margins.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Retirement
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.
Relevant Links: