High-profit Gas Station And Liquor Store Combo
Minnesota, US, ID 289584
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Description
Unbranded gas station and convenience store for sale with several revenue sources, including fuel, inside merchandise, liquor sales and rental income.
Business profile
- Unbranded fuel operation
- Convenience-store sales
- Liquor sales
- Rental income
- Existing local customer base
- Clean and maintained property
Location
The business is positioned along a well-traveled Main Street corridor serving both local customers and regional traffic.
The seller reports limited nearby competition and a loyal community customer base. Buyers should independently review traffic counts, competing stations and surrounding development.
Revenue streams
The operation is supported by several sources of income rather than fuel sales alone.
- Fuel sales
- Inside retail merchandise
- Beer, wine or liquor sales as currently permitted
- Rental income
Buyers should review the revenue and margins of each segment separately, including the terms and stability of any rental arrangements.
Fuel operation
Because the station is unbranded, a buyer should review the current fuel-supply arrangement and determine whether new purchasing or branding terms could improve economics.
Operations
The current layout is designed for straightforward store and fuel operations. Depending on existing staffing and management, the business may suit either an active owner-operator or a buyer planning more limited day-to-day involvement.
Growth
- Improve inside-store merchandising
- Expand permitted food and beverage offerings
- Review fuel purchasing arrangements
- Increase local marketing
- Optimize rental income
- Add ancillary services where space and licensing permit
Due diligence
Buyers should verify historical financials, fuel gallons and margins, inside sales, liquor revenue, rental income, tenant agreements, inventory, payroll, equipment ownership and property or lease terms before closing.
Fuel-system diligence should include underground storage tanks, environmental records, pump condition and applicable compliance requirements. Continued alcohol sales will also remain subject to state and local licensing and transfer approval.
Details
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