Major Road Gas Station With Subway $260K Convenience Store

Business Overview:

The landlord is looking to sell due to the tenant's lease being over and it being a good time to sell the property. The station will have a fuel contract in place for 15 years with a RACK+1 fuel contract. The station has a tenant that has mismanaged the business with store sales of only $20–30,000. Lotto numbers will also be provided to the buyer. This location is on a major road with plenty of local traffic that has been keeping this station busy for years. The station has a full canopy with 4 MPD's that have all been upgraded and is currently pumping 30,000 gallons a month. With the sale of this property, you would also get the opportunity to operate the Subway, which runs about $260,000 annually, a 400-square-foot hut with a kitchen (used to be a taqueria), and collect $2,000 per month in rent from the mechanic shop. The mechanic shop rent increases to $2,500 in September, and their lease is up at the end of September 2025. You would also have the opportunity to operate that as well or renew a lease with them. The asking price is last and final at $1,450,000; make an offer.

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