Multi Location North Metro Area Gas Station & C-Store. Over $5M in Revenue & Cash Flow of $311k YTD NOV 2022. Prime Real Estate Also Available. 52287

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Automotive Businesses for Sale

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

Financial Information

  • $430,000 Asking Price
  • $311,151 Cash Flow
  • $5,044,072 Gross Revenue
  • $180,000 Down Payment

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 8
  • Part-Time Employees: 4
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $200,000
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $1,206,000
  • Building Size: 2400
  • FF&E Included?: No
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-52287

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