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Listing ID: ND-29

MN Lakes Country Convenience Store with Deli & Car Wash

Business Description:

Located in the heart of Minnesota’s Lake Country at the cross roads of two US Highways, this profitable convenience store is primed for a new owner with a vision to maximize its potential. The owners have committed themselves to quality products and uncommon service not found in chain convenience stores. The personal touch has developed a following with consumers looking for quality. As a national, name-brand fuel retailer, the store draws the discerning consumer in for quality gasoline. The convenience store is stocked with quality, profitable products. The deli adds revenue with highly-profitable, home-cooked soups and sandwiches for the lunch crowd as well as catering customers. The car wash attracts clientele year-round. They sell three gas types: 87E, 91P and Diesel. 2018 sales were 655,000 gallons. 1st Qtr of 2019 gas sales are up 7.5%. This attractive opportunity is being offered at $699,000 + inventory (averages $72,000) All real estate, equipment, and furnishings are included in the sale.

Industry:Retail
Location:North Dakota
Annual Revenue: $2,548,976
Listing Price: $699,000
Listing Agent: Art Rosenberg 
FF & E: $120,000 
Inventory included in sale:Yes Inventory Value: $72,000
Years in Business<5 years 
Employees(Full-Time):4 
Reason for selling:Retirement 
Seller Financing Available:Yes 

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