Michigan Ferndale Branded Gas Station C- Store
Business & Property for Sale NO BEER
E2 – EB5 Visa Qualified
$1,500,000 Plus Inventory for Michigan, Ferndale Area Gas Station Business only. Property available for additional $2,500,000. Strong rental income from a 3 Bay mechanic shop ($4000.00 per month, $4500 per month after one year). NO BEER. $150,000 average merchandise sales with much higher margins (Lots of Novelty sales). 140,000 average gallon gas sales per month. .025 rebates per gallon. NO CREDIT CARD FEES. SHORT SUPPLY AGREEMENT. NO GALONAGE REQUIREMENT. Lots of novelties items sold. Large .9 acre lot and a Large (3000 SF) C Store with lots of potentials to add other profit centers such as food, Money services, Cell phone sales and services. Profitable operation. Newer pumps Tanks and LED sign. EMV Compliant. Located in a residential and commercial area ON A HEAVY TRAFFIC STREET (50,000 CARS PER DAY). Additional strong revenue from Lottery. Bitcoin, ATM, air vacuum, cigarettes, and other rebates and commissions. HOURS SHOULD BE EXTENDED TO 24 HOURS. Seller motivated and willing to make the right deal with the right owner operator (Absent Seller). Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at http://www.salehgroup.com.
- Listing Id: SG 7086
- Business Type: Gas Station and C- Store
- Business Name: SG 7086 Michigan Ferndale Branded (BP) Gas Station
- Listing Price: $1,500,000 Plus Inventory for Business Only. Property additional $2,500,000.
- Proposed Seller Financing Availability: Seller to Assist with Financing
- Inventory Value: $230,000 +/-
- Annual Gross Sales: Over $5,800,000
- Annual Owner Profits: Over $900,000 includes manager salary
- Monthly Rent/Mortgage Payment: $16,000 if business only
- Seller Competition: Seller to Sign a Non-compete Agreement
- Years Seller has Owned/Operated Business: 2020 by Seller
- Owner Qualifications: Experience Needed but Not Required
- Reason for Selling: Seller Downsizing
- # of Employees/Management: 2 FT 3 PT 1 M
- Hours of Operation: 6 AM to 12 AM 7 days a week
- Building Size/Type: 3,000 sq. ft. Stand Alone Building
- Training Provided: 2 weeks at no cost to buyer
- State: Michigan
- Country: U.S.A.