Chain of 3 Profitable Gas Stations

Farmington, NM
San Juan County


Asking Price: Annual Revenue:
$699,000 $7,790,591

Automotive & Boats: Gas Stations


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RE: Chain of 3 Profitable Gas Stations Broker: Dan Leroy
Owner Financing is Available!

Quick Facts

Asking Price: $699,000
Annual Revenue: $7,790,591
Net Profit: Not Disclosed
Cash Flow: $303,278
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $350,000
Year Established: 2000
Employees: 10
BBN Listing #: 400057058
Broker Reference #: 35715-778072

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Business Overview:

HUGE opportunity to pick up 3 profitable and very established gas stations/c-stores. All locations are near each other and have been long-term cash cows. The owner is retiring and finally ready to sell this amazing business. Gas and diesel are available and plenty of parking on big lots. The building is owned at one location and leased at the other two. All equipment is owned by the business and has been updated regularly. In 2018, the owner did a remodel including facades and canopies. A laundromat is included in the owned building. Owner will consider selling stores individually. Price excludes real estate and inventory.

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Property Features and Assets:

2 leases and 1 Building Owned The business was founded over 20 years ago and is very established in the area. The stores have served the local population and tourists for many years. There are systems and trained staff in place so the owner is able to manage on an absentee basis. All stores have great locations in high traffic areas.

Market Competition and Expansion:

There is competition in the extended area, but this business has a very established and loyal clientele. The population knows the importance of shopping local and these stores have the steady sales to prove it. The locations all hold a few perks that make them indispensable to the community. Potential Growth: The customer base is very consistent at these locations. However, there is always an opportunity to pull customers from the nearby competitors to increase sales. Pricing, customer service, and adding amenities are a few ways to chase sales growth. There is a very real opportunity to focus on building the brand and adding new locations.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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