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24 Year Old Convenience Store with Both Gas and Diesel Pumps

Reno, Nevada (Washoe County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

$Seller Financing Available

Asking Price $1,250,000 Inventory $60,000* 
Gross Income $2,124,659 Real Estate In Asking Price* 
Cash Flow Not Disclosed Year Established 1985
FF&E N/A Employees 1 f.t. 8 p.t.

* included in the asking price

** not included in the asking price

Located at the intersection of two major arterial highways, The Silver Saver Mart is a family owned gas station/market featuring Shell gas. They cater to local residents as well as campers and boaters traveling to the Lahontan Reservoir. The owners believe that the revenues could be substantially enhanced by being more involved in the business and pursuing new revenue streams.

Facilities: The convenience store is 2,600 sq. ft. with 5 self-service pumps. It has a quaint livable apartment (800 sq. ft.) upstairs which is ideal for a live-in owner, or an on-site manager. They have a small retail space (1,600 sq. ft.) that could be used for a complimentary business (or leased) plus a small mini-barn (1,200 sq. ft.) for various storage purposes.

Competition: From a competitive perspective, because of their market area having affordable housing, they have endeavoured to be more than a mini-market. They accept Food Stamp Cards because they carry more staple foods than typical mini-markets.

Growth/Expansion: The area is a growing community which was recently identified as the seventh fastest growing County per capita in the Nation by the U.S. Census Bureau. In regards to growth and expansion, opportunities which the current owners have explored but chosen not to pursue because of their age is hot fast food, soft ice cream, fresh made sandwiches, and/or slot machines. It would also be possible to add on to the building, or put a car wash on the property.

Seller Financing Available: Yes

Financing: Minimum of $250,000 down payment and seller will carry at 7%

Reason Selling: Retirement

Business For Sale By

The Liberty Group of Nevada

(775) 825-3948

The Liberty Group of Nevada

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