Convenience/Liquor Store, Gas Station. Mini Storage?

Flagstaff, AZ (Coconino County)

aerial view of 5.3 acres

Asking Price:$1,500,000

Cash Flow:$173,015

Gross Revenue:$179,517

EBITDA:N/A

FF&E:$25,885

Inventory:$17,895

Real Estate:$1,440,000

Established:1980

Convenience/Liquor Store, Gas Station. Mini Storage?

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Business Description

Huge Opportunity in Northern Arizona. Convenience Store/Liquor Store/Gas-Propane and immediate rental income. SBA financing is available, upon approved credit. We can put 190 mini storage units on one half of the property and still have 2 acres available for Boat or RV storage.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5.3 acres of Old Route 66 Frontage Commercial Property 3,700 sq. ft. operating Convenience/Liquor Store 1,500 sq. ft. Thrift store, rented for $600 per month 1,000 sq. ft. Feed store rented for $1,050 per month One RV space rented for $300 per month Century Link Repeater Station leased at $1,000 per month Two underground certified and monitored fuel tanks Propane filling station U-Haul facility 1,200 sq. ft. newer managers house Old Barn
Competition:
Property is in Doney Park , 11 miles from Flagstaff. The amount of commercial property in Doney Park is extremely limited. There are no competing business within 11 miles of this property.
Growth & Expansion:
The upside for the unused portion of the 5.3 acres is huge. 190 mini storage units can be added for an additional $1,000,000. This would put the purchase price at $2.5 M. With a SBA loan, 20% down would give a monthly payment of $12,000. 75 mini storage units can be added for $500K giving a monthly payment after 20% of $9,580. RV/Boat storage is even less expensive to put in.
Financing:
SBA Financing 20% down, $7,015 per month
Support & Training:
Current management team will give on site support for 30 days, telephone support for 90 days.
Reason for Selling:
Ilness driven retirement

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Steve Berman

Business Listed By:
Steve Berman

Berman Brokerage LLC

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