Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$1,700,000	Inventory	$100,000**
Gross Income	$3,000,000	Real Estate
Cash Flow	$250,000	Year Established	1986
FF&E	N/A	Employees	6

* included in the asking price

** not included in the asking price

The convenience store is centered between the two gasoline islands and has two drive through windows. The gasoline installation consists of six dispensersoffering a choice of two grades of fuel at each dispenser. The station has four steel tanks which have had an interior coating applied and have cathodic protection as per ADEQ regulations. The tanks consist of two 8,000 gallon tanks which hold diesel and racing fuel. The other two tanks are 12,000 gallons each and hold Regular and Premium. The station has verifiable books and records. Average sales per month in 2006 were $110,000 and 47,000 gallons at an average margin of 16 cents per gallon. The store has a huge walk in cooler as well as a walk in freezer. Electric is 3-Phase which is more efficient and easier on the equipment. Utilities in 2006 averaged $1,298 per month. Operating hours are from 6:00 am to 10:00 pm. The store has a Series 10 Beer and Wine license and two drive up windows. This facility is located on a main street at a five way intersection less than a half mile off Highway 95, the state highway around which Bullhead City was built. This Mohave County city is located on the east side of the Colorado River across from Laughlin, NV. The city has grown from a population of 10,000 in 1980 to 40,000 in 2007. With the casinos booming in Laughlin, the growth continues. Six million people visit the area each year and the major draws are the casinos and the river. The store sales are in the $90,000 per month range in the winter and jump to $140,000 plus in the summer. Every month in 2007 had higher sales than 2006 and these are 2006 numbers. Tourism is a driving force. Bullhead City offers affordable housing, unlimited recreation, excellent education, river and lake sports, cool green parks, lots of golf and a pro-business attitude. With a median age of 42 and average household income of $45,000 per year, the demographics are ideal for the convenience store business.

Facilities: This is a +/-1,584 sq ft convenience store on a +/-22,000 sq ft lot in Bullhead City, AZ. The facility opened in 1986. Seller is the original owner. The c-store is centered between two gas islands and has 2 drive-up windows. The station has 4 steel tanks, interior coated with cathodic protection. Verifiable books & records. Average 47,000 gallons per month at 17 cent margin and store sales of $110,000 per month. Gas can be increased by adding MPDs with card readers. Hours 6:00 am to 10:00 pm. Beer & Wine license.

Competition: Located at a 5 way intersection with grandfathered in drive through windows. No land available close by for a competitor to move in.

Growth/Expansion: Adding MPDs with credit card readers should increase both gas sales as well as store sales.

Financing: Seller wants cash

Support/Training: Negotiable

Reason Selling: Other interests.