Reliable Revenue & Growth Opportunities In Gas Station

Description

Unbranded gas station and convenience store for sale approximately two hours west of the Twin Cities. The business operates with limited owner involvement and generates revenue from fuel, groceries and convenience-store sales.

Business profile

• Unbranded fuel operation
• Convenience store
• Existing local customer base
• Seller reports limited day-to-day owner involvement
• Real estate included
• Inventory included

Revenue

The business earns revenue from fuel sales as well as groceries and other convenience-store products.

Buyers should review gallons sold, fuel margin by grade, inside-store sales, merchandise margins and the contribution of each revenue category separately.

Property

The transaction includes the operating business, real estate and related property assets. Buyers should obtain a complete list of land, buildings, equipment and inventory included in the asking price.

Expansion options

• Add a quick-service restaurant
• Develop a larger prepared-food program
• Add a car wash
• Expand convenience-store merchandise

Any expansion should be reviewed for zoning, utility capacity, parking, traffic flow and construction requirements before proceeding.

Operations

The seller represents the station as requiring relatively little owner involvement. Buyers should confirm current staffing, manager responsibilities, payroll and the actual number of hours spent by ownership each week.

Buyer review

Buyers should verify historical financials, fuel volumes, fuel margins, store sales, inventory value, payroll, equipment condition, property taxes and working-capital requirements.

Environmental diligence should include underground storage tanks, fuel lines, dispensers, leak-detection systems, prior environmental reports and any known remediation history. Buyers should also confirm fuel-supplier arrangements, permits, licenses and regulatory compliance before closing.