Truck stop with real cash flow and everything new

Canton, MI
Wayne County


Asking Price: Annual Revenue:
$7,900,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: Truck stop with real cash flow and everything new Broker: Jose Pagan

Quick Facts

Asking Price: $7,900,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 42556097
Broker Reference #: TRUCK STOP MI

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Business Overview:

On the market for a truck stop with real cash flow and everything new look no further. This massive truck stop has it all including location which is the most important when owing something of this size and with this kind of price tag. The station is located on one of the cities busiest roads with easy in and out from which keeps this location very busy all year round. The truck stop has a huge 8,000 square feet building that has a well known franchise as a tenant that pays rent of $3,000 a month that is willing to stay there after the location is sold its up to you. There is also a full family owned restaurant that the seller runs and combined with the convenience store brings in $2,400,000 in sales a year. The truck stop also sells Lotto with commission paid are $300,000 a year ATM $36,000 net Air/Vac $7,200 if the new owner wanted to rent the location $360,000 a year. The station is all new including all canopies, store decor with new updated MPD's there is 8 total that are pumping 1,380,000 gallons a year at a pool margin of 26.½ cents with 300,000 gallons of the yearly volume is diesel at .50 cents per gallon. The new buyer could double the volume just by reducing the gas price and margin down by 10 cents which will also increase sales in the store by 50% it's a proven statistic. Not only by reducing gas price and pool margin will revenue increase but so would the property value as well (estimated value $10M) do the Math. The truck stop is currently branded and will be delivered free and clear of tenants (Your choice) and with no fuel contract the new buyer could run unbranded. The truck stop is priced below market value for a quick sale look at the numbers and the asking price it's at a CAP RATE OF 22.5%. All numbers will be provided to the right qualified buyer we have all the numbers in hand Jobbers, Investors all welcomed. Make an offer

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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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