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Multi Location South Metro Area Gas Station, Car Wash And C-Store For Sale. Over $11mm In Revenue For Sale

St. Paul-Minneapolis-Twin Cities, Minnesota, US
Asking Price:
$2,700,000 (USD) Inventory / Stock included
Sales Revenue:
$11,179,461 (USD)
Cash Flow:
$587,966 (USD)

This well-established, branded, 3 location Service Station sold roughly 3.4M gallons of gas in 2019. Sales were down in 2020 due to COVID and the owner expects sales to return to pre-COVID monthly levels by the end of 2021.

• Each location features the sale of gas, a C-Store, and a Car Wash.

• One location has 3 Auto Repair service bays and a towing service.

• Over $1.3Million has been spent in the past few years on various upgrades and improvements makes this a turn-key purchase.

• Each location is situated on a heavily trafficked intersection in southern and southwestern Hennepin County.

• Owner’s Cash Flow for 2019 was nearly $600k and increases to nearly $950k if the real estate is purchased as well. Cash Flow was down to $470k in 2020 due to COVID and the owner expects that figure to return to pre-COVID monthly levels by the end of 2021.

• The Asking Price of $2.7 Million includes $130k of inventory and an impressive list of equipment.

• A contract is in place with a well-known national brand and it expires at different dates depending on the location.

• Prime real estate and buildings available for sale separately at $4.5 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.

For more information, contact Randy Krivo, Sunbelt Business Brokers

Property Information

Real Estate:

Real Property Included

Premises Details:

N/A

Business Operation

Reasons for selling:

Retirement

Years established:
35

Other Information

Financing available:

Owner will consider a small portion of Selling Financing to a well-qualified buyer.

Inventory / Stock value:
$130,000 (USD) - included in the asking price

Contact Sunbelt of St. Paul / Minneapolis

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