Super America Gas / Convenience Station, SOLD!

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SuperAmerica1[1]

TYPE OF BUSINESS:  This is a Super America Gas station – located in a southern TC suburb.  Established for 23+ years with the current owner’s family owning it since July, 2008. This is a very nice gas/convenience store, located in a fast growing community with a strong customer base. Business sells gas, grocery items, beverages, snacks, cigarettes, and other tobacco products, lottery and has an ATM.  The business has a carwash.  The hours of operation are Monday through Thursday 5:30 am to 11:00 pm, Friday and Saturday 5:30 am to 12:00 am and Sunday 5:30 am to 11:00 pm.  The business is owner absentee.

EMPLOYEES:  There are 4 full time and 4 part time. There is a full time manager who runs the operation, along with the full time clerks and is paid $36,000 a year.  The part time employees are paid $8.00 – $ 10.00 per hour.

FACILITY:  Store is 4042 sq. ft. located on a 1.24 acre lot.

GROSS SALES/CASH FLOW:  Gross sales for 2011 were $3,676,291, for 2010 sales were $2,994,633 and for 2009 sales were $2,304,064.  In 2011, they sold 750,000 to 800,000 gallons of gas.  Cash flow to the owner (absentee), based on 2011 numbers was approximately $210,000.

ASKING PRICE:  The asking price for the business, land and building is $1,325, 000.  The market value of the land and building on the property tax statement is $642,000.  A recent appraisal valued the land and building at $990,000.  The value of the furniture, fixtures and equipment is approximately $150,000, and the value of the inventory is $100,000, which includes gas of $30,000.

REASON FOR SALE:  The owners own several other businesses and don’t have the time that is necessary to effectively operate this business, as it continues to grow.

Important Notice:  The above information has been provided by the Seller.  Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness. b.k.

Featured Listing: Well established Car Wash.

carwash[1]TYPE OF BUSINESS:  Well established car wash located about an hour north of the Twin Cities in a very nice small town on Interstate 35.  1 automatic, touch less bay and 4 self service bays.  The business was established in 1983, and the present owner has owned it since 2000.  Very good main street location.  The closest competition for the self-service wash is 10+ miles away.  The owner works the business basically on the weekends, but does have someone come in each day and empty the trash.  The mechanical room has enough space to detail a car if the new owner wanted to add this service.

EQUIPMENT:   The equipment is in good shape and is well maintained.  The touch less automatic is A OK brand and it is the Dyna Wash series.

GROSS SALES/CASH FLOW:  Gross sales for 2010 were $129,379.83 and $136,511.26 for 2011.  Cash flow the owner (absentee) based on 2011 sales was $42,535+.

ASKING PRICE:  The asking price is $349,000.00 for the business, land and building.  The land and building is valued at $305,000.00 on the property tax records.  The owner indicates that the value of the equipment is $50-$60,000.00.  THIS IS AN ASSET SALE.

REASON FOR SALE: Divorce settlement and new job.

Important Notice:  The above information has been provided by the owner.  Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor its agents guarantee its accuracy or comprehensives.  7733

Featured Listing: Soft Cloth Tunnel Car Wash, MAKE AN OFFER!

This soft cloth tunnel car wash was built in 2009 serving the south metro of Minneapolis. Traffic count on this intersection is approximately 22,000 autos per day. The business offers a variety of washes plus detail services.

FACILITY: The tunnel is 121 feet long with 3- 55 foot detail bays. The wash is 8,246 square feet. The wash was designed with water, chemical and energy conservation in mind. It has a water treatment system that recycles and reuses 100% of the facilities water, and solar panels were recently installed for electrical generation. This is a state of the art car wash built for efficiency and low maintenance.

This car wash was built on a corner with a major anchor in a retail strip center.

EMPLOYEES: The business operates with a full time manager and 4 full time employees and 25 part time employees. The owner has the business set up for an absentee owner to operate.

GROSS SALES: 2010-$329,000; 2011-$460,700.

SALE PRICE: The owner is asking $2,200,000 for the building and the business assets. Build out invested in this wash in 2009 was approximately $3mm. There’s a land lease of $4,000 per month. The land lease was set for 44 years, but the owner of the property would negotiate a sale for the land.

REASON FOR SALE: A partnership separation.

FOR MORE INFORMATION CONTACT: BILL KRAEMER,

bill.kraemer@oibmn.com, 612-331-8392.

IMPORTANT NOTICE: The above information has been provided by the Seller. Neither The 20/20 group (dba Opportunities In Business) nor it’s agents has verified accuracy or comprehensiveness.  b.k.