Established Neighborhood C-store

Saint Cloud, MN (Stearns County)

C-Store for Sale

Asking Price:$269,900

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1945

Established Neighborhood C-store

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Business Description

This is a well established neighborhood convenience store with a long history of success. Located at a stop light intersection just a few blocks from St. Cloud State University and Lake George Municipal Park in a high density residential area. This business has been absentee owned and needs an active owner/operator to realize its full potential. This is an excellent opportunity for a family to own and operate a well established gas/convenience store at a realistic price.

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Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4
Facilities:
Located at a stop light intersection just a few blocks from St. Cloud State University and Lake George Municipal Park in a high density residential area. (4) pumps. Two on west side are three hose design; Two newer pumps on 9th Ave side are two hose style.
Growth & Expansion:
This business has been operated successfully in this location since the 1940’s. In the 1970’s and beyond it was operated as Jim’s Bait and Tackle, a family owned business that provided the owners with a nice income for many years. It eventually ended up in the hands of the current owner, JM Oil Company, a corporate entity and owner/operator of 20 large convenience stores throughout central MN. It has just recently been converted to a Super America brand with noticeable improvements in gallonage and inside sales.

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Mike Schmitt

Business Listed By:
Mike Schmitt

Coldwell Banker Commercial Orion

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