Multi Location North Metro Gas Station and C-St...

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$430,000 $4,622,338

Miscellaneous: Non-classifiable


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RE: Multi Location North Metro Gas Station and C-St... Broker: Sunbelt Business

Quick Facts

Asking Price: $430,000
Annual Revenue: $4,622,338
Net Profit: Not Disclosed
Cash Flow: $274,170
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 12
BBN Listing #: 400764254
Broker Reference #: MINNEMN003-52287

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Business Overview:

This well-established, 2 location C-Store sold roughly 700K gallons of gas in 2022. Sales were down in 2020 due to COVID and have returned to pre-COVID monthly levels. ? Each location features the sale of gas, a C-Store, and tobacco sales. ? Various upgrades and improvements in 2021 including fuel dispensers, security camera system, energy efficient lighting and a compressor walk-in makes this a turn-key purchase. ? Each location is situated on a heavily trafficked intersection in Anoka County. ? Owner?s Cash Flow YTD NOV 2022 was over $311k and increases to over $411k if the real estate is purchased as well. The owner expects that figure to continue to increase through the balance of 2022. ? The Asking Price of $430k includes an impressive list of equipment but does not include approximately $200k of inventory. ? A contract is in place with a well-known national gas station brand and it expires 12-31-2028. ? Prime real estate and buildings available for sale separately at $1.2 Million. This is a great opportunity for a strategic buyer to add a highly desirable group of stations to its current portfolio. Owner will consider a small portion of Selling Financing to a well-qualified buyer. Sunbelt Listing ID: 52287

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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