Twin Cities Metro Area BP Excellent Location

Not Disclosed, MN


Asking Price: Annual Revenue:
$975,000 $2,762,890

Automotive & Boats: Gas Stations


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RE: Twin Cities Metro Area BP Excellent Location Broker: Dan Huber

Quick Facts

Asking Price: $975,000
Annual Revenue: $2,762,890
Net Profit: Not Disclosed
Cash Flow: $362,247
Total Debt: Not Disclosed
FF&E: $174,593
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 937350297
Broker Reference #: 17441-361278

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Business Overview:

Profitable; BP gas station and convenience store. This excellent location has newly upgraded pumps, card reader EMV compliant, new tank containment system, ADT security system an up graded inside with in the last 2 years. This business did well in 2020 with the Pandemic and road construction. It is positioned to be profitable for many years to come.

Facilities

Facility upgrades in the last 2 years;

Exterior;

New containment system on tanks, including new concrete and manhole covers $ 45,000 Contractor; Zahl Petroleum
Pump upgrades including EMV compliance card readers, Apple pay and touch pay upgrade; $ 71,000; contractor Pump and Meter

Interior;

New cabinets, gondolas and equipment $ 15,000
ADT security system $ 4,000

Operating Hrs:

M – F 6 am to 10 pm
Sat 7 am to 10 pm
Sun 7 am to 9 pm

Products Offered:
• Gas
o Including 93 octane which has better margin than 91
octane and draws repeat clients
• Food
• Car wash

The owner purchased this station 2 years ago and is now leaving the industry.

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Reason for Selling:

Change of industry.

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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