MN I94 Truck Stop-Parking/B King & Developm't Land

Not Disclosed, MN
Stearns County

Asking Price: Annual Revenue:
$4,200,000 $5,306,129

Automotive & Boats: Gas Stations

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RE: MN I94 Truck Stop-Parking/B King & Developm't Land Broker: Marv Soldner

Quick Facts

Asking Price: $4,200,000
Annual Revenue: $5,306,129
Net Profit: Not Disclosed
Cash Flow: $453,725
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 30750297
Broker Reference #: 17441-174112

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Business Overview:

Excellent 4 acre development property in prime location, with 3-4 HQ companies within blocks and a new Amazon & UNFI warehouses within a mile. Major Grocery Retailer to locate storage/warehousing just a few blocks away.

Additional 7.5 Acre property can be available.

City has plans in place for additional CIP for local crosstown streets and additional Business Park & Interstate access.

Well established Truck Stop in Central Minnesota includes modern ~4,600 square feet store on Prime Development land – two 2 acre contiguous lots. Burger King with LT lease, generates lease income, plus pays good portion of CAM. Existing fuel contracts with Fed Ex and Amazon vans. 2 acres currently monetized with high demand Truck Parking. Consistent & growing business with branded 1,250,000 annual gallon fuel business. Excellent opportunity for owner operator or part of independent chain.

Detailed Information
Modern & updated, approximately 4600 square ft, EMV upgraded Pumps. Signage and canopies in excellent condition.
4 sti-P3 tanks (12,12,12,3 capacity), 3 Fiberglass double wall tanks (12,6,6)
~$650k/yr. inside sales (20.5% tobacco, 22.0%lottery)
Burger King Lease generates significant income plus pays about 50% of CAM.
Current corporate fuel clients include FedEx, Amazon, trucking Companies
Parking income is additive and profitable in current operation.
Located on major Interstate highway, with traffic count more than 35,000/day.
Located on Interstate Hwy in thriving metro area of 350k, growing population with hotels & fast food on intersection.
Well managed & updated. Current owner has operated numerous C-Stores for 30+ years. Currently operated by Owner/GM, with FT & PT employees
Shell brand preferred by Canadian truckers.

New owner will see potential for food/prepared food for inside sales growth, Space can be reconfigured to grow inside sales. Both will enhance traffic, revenue & margins.

Possible restaurant location (nearby corporate employee base rapidly growing)

Truck wash, car wash

Expanded convenience store with food offerings.

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Reason for Selling:

Other investments.

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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