Established North Shore Convenience Store & Gas Station – Includes Real Estate
Minnesota | Listing ID: 57649 | Retail
Total Asking Price:
$2,200,000
Business Asking Price:
$1,300,000
Real Estate Asking Price:
$900,000
Revenue:
$2,139,465
Down Payment:
$400,000
SDE:
$126,096
Industry:
Retail, Real Estate
Listing ID:
57649
Year Established:
1960
Employees:
5 Full-time
Business Description
Profitable and well-established North Shore convenience store and gas station with over 50 years of successful operation.
The business generates more than $2 million in total revenue annually and includes both real estate and all equipment.
- Price: $1,300,000 (includes business, real estate, FF&E, and inventory)
- Inside Sales: Consistently over $1.5 million (excluding lottery and taxes)
- Appraised: $2 million in 2024
- Market Advantage: Only gas and convenience store in town – no direct competition
- Operations: Long-term manager and staff in place; semi-absentee ownership possible
- Suppliers: Flexibility with distributors and vendors
- Financing: Seller financing available for qualified buyers
Buyer Requirements: Minimum of $400,000 in available capital for down payment.
Listing ID: 57649
Detailed Information
Listing Agent(s):
Nick Dunnom, Tom Boyd
Location:
Minnesota
Industries:
Retail, Real Estate
Total Asking Price:
$2,200,000
Business Asking Price:
$1,300,000
Real Estate Asking Price:
$900,000
FF&E Value:
$305,000(Included in Asking Price)
Reason for Selling:
Retirement
Seller Financing Available:
Yes
Real Estate Status:
Owned
Real Estate for Sale:
Yes
Real Estate Size (sq. ft.):
4,602
Inventory Value:
$85,000(Included in Asking Price)
Year Established:
1960
Franchise:
No
Employees:
5 Full-time
Relocatable:
No
Home-Based:
No
Absentee Owner:
No
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