Chevron Biz with Real Estate Available on Interstate 40

Holbrook, AZ (Navajo County)

Navajo Blvd Elevation

Asking Price:$882,000

Cash Flow:$79,000

Gross Revenue:$1,663,000

EBITDA:N/A

FF&E:$21,000

Inventory:$45,000*

Real Estate:$600,000*

Established:1986

*not included in asking price.

Chevron Biz with Real Estate Available on Interstate 40

Get Financing Save Print Share Valuation Report

Business Description

Seller went into retirement a little too early, and managed this business absentee for the past several years. This is a turnaround business at an excellent interstate location for a dedicated on-site manager. Seller pays familiy members an estimated $50-60k per yr. over fair market wages to oversee the operation. Property well maintained with no deferred maintenance. The Chevron delivery agreement is transferable with jobber approval.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
838,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Chevron-branded 838 +/- sf c-store located on 1.04 ac. parcel at I-40 exit 289 on NE side of Holbrook in NE Arizona. Fuel system has 3/20,000 gal fiberglass coated steel USTs; pipiing is cathodic protected steel. UST system was installed in 1986 and upgraded in 2008. 4 Wayne MPDs serve 3 grades of unleaded + diesel. 2 fuel islands are configured on either side (front & back) of the store, w/2 MPDs per island. Fuel control-cashiering is from a Wayne Nucleus system. UST electronic environmental monitor is a VeedeRoot TLS-350. Site received system and image upgrades in 2004 & again in 2008.
Competition:
Exit 289 is the first Holbrook exit for westbound traffic on I-40 coming from NM, and this station is the 1st station at the offramp. The seller has traditionally targeted his market as the interstate westbound traveler, and has priced his fuel for a $.45-/50'gal. pooled margin. The site is at the NE end of Navajo Blvd which runs about 3.5 miles paralles to I-40. Proceeding south from the site and connecting back to I-40 at exit 296, there are several traveler service businesses, i.e., gas station motels, and fast food restaurants. the Chevron facility occupies about 1.04 ac. which is included in the asking price.
Growth & Expansion:
Seller also owns the contiguous parcel to the south of the subject parcel, about 1.3 +/- ac. zoned commercial. The south side of this parcel borders ADOT land that is the freeway (I-40). This parcel is also available, asking $396,000.
Financing:
Cash to seller
Support & Training:
2 weeks without charge, Additional possible subject to terms.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1296519 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Michael Green

Business Listed By:
Michael Green

MJG Gas Station Specialists LLC

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Tint World

Franchise Opportunity
Capital Required: $95,000