Premium Branded Gas Station
| Asking Price: | $3,100,000 |
| Cash Flow: | $310,000 |
HIGHLIGHTS
• Real Estate Included: 3 Total Parcels Offering Expansion Potential
• Positioned On a Signalized Hard Corner, Providing High Visibility and Accessibility
• New Fuel Supply Agreement with Premium Brand Ensures Competitive Pricing
• Current Absentee Management Presents Upside Opportunity for Owner-Operator
• Conveniently Positioned in Downtown District of Growing Secondary Market
• New Tanks Installed in 2023
DESCRIPTION
Commercial Plus, LLC is proud to present the opportunity to acquire the fee simple interest in a premium-branded gas station and convenience store with expansion potential. Recently updated, the property received new tanks and dispensers in 2023 and began operating at full capacity in January 2024. Over the first six months of 2024, the site has averaged $80k in inside sales (excluding lotto) and 81k gallons in monthly fuel volume, with continued growth. Since the new fuel supply agreement took effect in April 2024, the average profit per gallon has been $0.63. For the full year of 2024, the projected gross profit is expected to exceed $600k, with projected cash flow anticipated to surpass $300k.
The location is 100% absentee-owned and operated, providing additional upside potential for an owner-operator. The sale also includes extra land, offering opportunities for growth, such as doubling the size of the convenience store or developing a complementary strip mall to attract more traffic.
