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Brainerd Lakes Gas Station / C-Store / Liquor
Location Minnesota,United States
Asking Price Range $500K - $1.0M
Gross Revenues $3169993
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 10 - 19
Inventory 300000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Downsizing
Description Turn-key operation that is profitable, well maintained and on an excellent, highly trafficked intersection in the Brainerd/Baxter Lakes area.
Established for over 25 years, this opportunity includes a fully stocked convenience store, an off-sale liquor store, gas, diesel and non-oxy premium with 24 hr pay at the pump service, a fresh deli, bakery, pizza and self-serve beverage area, LP tanks, firewood, ice, air, lottery tickets, ATM, outdoor picnic area, live bait, tackle, hunting/fishing licenses and boat & snowmobile storage (3 out buildings). All situated on approx 2.75 acres of real estate (included).
Over $100k has been spent on improvements within the past 2 years including new pumps. The retail stores combined are over 7400 square feet and the storage facilities total over 12,000 sq ft.
This establishment has excellent curb appeal, has a fun, friendly atmosphere and has been a well known center point for traveling patrons who are on their way to their favorite lake in the area for fishing or just relaxing. Revenues are on a constant increase in addition to several opportunities for growth.
In 2011, gas revenues were slightly under $2M, liquor sales $392k, tobacco approx $320k, and grocery/deli/bait $470k.
The asking price of $1M shall include Everything mentioned (including inventory). In addition, the seller is willing to finance the transaction to a qualified buyer with a down payment of approx $300k or negotiated amount. Terms are negotiable depending upon buyer's financial status. For more information, please call Deborah Waldvogel at 612-408-0451.
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