Twin Cities Minnesota Business for sale

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Twin Cities Minnesota Business for Sale

GAS STATION WITH REPAIR SHOP & CARWASH

Twin Cities, Minnesota
PROPERTY FEATURESLocation: Twin Cities suburb; mixed residential/commercial; moderate density Corner lot at major arterial and city street Traffic count: 8,100 vehicles per day Excellent visibility; easy entry/exit Lot size: 173 X 118.75 (20,543.75 square feet) Ample drive-through and parking area BUILDING, FIXTURES & EQUIPMENT Attractive appearance; recently updated; new signage More than $400,000 invested in shop and equipment in past eight years 52 X 80 (4,160 square foot) block building Building: 25 X 14 (350 square feet) with room to expand Touch-free car wash (Specialty Equipment brand) Three service bays; hoists in excellent condition Top-quality auto repair equipment, maintained to highest standards Three two-sided fueling islands for diesel and three grades of gasoline Pumps: Gilbarco brand with integrated monitoring and point-of-sale system Fuel tanks: Three 8,000-gallon gasoline tanks(coated steel); one 8,000-gallon diesel tank (coated steel). No known gas or diesel leaks ever. Advanced security system with cameras/television monitors BUSINESSGallonage: Approximately 420,000 gallons per year Total Annual Sales: $1.2 million Adjusted Net Operating Income: $70,000 Established customer base; more than 30 corporate accounts TERMS OF SALEPrice: $645,000 for real estate and business (not including inventory) Seller Financing Option: Down Payment: $140,000 of purchase price plus inventory value Seller Financing: $545,000 at 8%, 25 year amortization, 5-year balloonCALL KEN TODAY FOR ADDITIONAL INFORMATION (651) 483-4643

Financials

Price: $645,000
Gross Income: $1,200,000
Cash Flow: $70,000
FFE: $0
Inventory: $0
Real Estate Value: $0
Source Data:

About the Business

Listing ID: #2859
Year Established: 0
Financing:
Training:
Facilities: See above
Competition:
Growth: Currently operated on limited schedule of 65 hours per week with minimal advertising/promotion. Significant business growth potential.
Business Listed By
Name: Mike Schmitt
Company: Coldwell Banker Commercial Orion
Phone: 320-251-1177

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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