2 Gas-C-Stores/W. Central MN/on U.S. Hwy

Not Disclosed, MN


Asking Price: Annual Revenue:
$995,000 $3,748,377

Automotive & Boats: Gas Stations


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RE: 2 Gas-C-Stores/W. Central MN/on U.S. Hwy Broker: Seller of Business

Quick Facts

Asking Price: $995,000
Annual Revenue: $3,748,377
Net Profit: Not Disclosed
Cash Flow: $182,595
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 688650297
Broker Reference #: 17441-199495

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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.

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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.

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