Price Reduced-C-Store & Car Wash in Growing Community

Crosby, MN (Crow Wing County)

Price Reduced-C-Store & Car Wash in Growing Community
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Asking Price: $590,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $53,137

Inventory: $70,044*

Established: 2014

*not included in asking price.

Price Reduced-C-Store & Car Wash in Growing Community

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Business Description

Perfect for owner operator - Well established combo Convenience Store/ Car Wash located in Central Minnesota on an easy on-easy off access on a State of MN highway corridor. Located within 2 blocks of Crosby Ironton High School, nearby post office, Wells Fargo Bank & bike/walking/snowmobile trail. Car Wash is owned and operated by the same seller, generating traffic and demand. This business has a current on-site manager employee, with owner oversight and assistance. Competition level is low, access & visibility are good.

Detailed Information

Location:
Crosby, MN
Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This location is clean, well maintained & has a good street image. • The 20,473 sq. ft. (.47 acres) is at grade, with 160’ of frontage & asphalt paving. • The Convenience store (3000 sq. ft.) with modern 1680 sq ft canopy is in good, well maintained condition. • The 1500 sq ft Car wash building was constructed in 2001, complete with 1 bay soft touch/touchless car wash. • Owners have upgraded the POS, security & operating systems. • There are three 10,000-gallon sti-P3 underground tanks (installed in 1995) with monitors, and three 6 hose pumps with card readers. This business has been operated by current operator for 3-4 years. The seller has a change in strategy & is relocating. This location is clean, well maintained & has a good street image. • The 20,473 sq. ft. (.47 acres) is at grade, with 160’ of frontage & asphalt paving. • The Convenience store (3000 sq. ft.) with modern 1680 sq ft canopy is in good, well maintained condition. • The 1500 sq ft Car wash building was constructed in 2001, complete with 1 bay soft touch/touchless car wash. • Owners have upgraded the POS, security & operating systems. • There are three 10,000-gallon sti-P3 underground tanks (installed in 1995) with monitors, and three 6 hose pumps with card readers.
Growth & Expansion:
This business has upside potential to grow. Fresh food & deli options can be added & enhanced from current offerings for sales growth. Low competition, consistent & stable operation will thrive with the close access to schools, trails & community support on a corridor to up north in the heart of MN Lakes area, adding some inviting outside & promotional signage will be beneficial.
Support & Training:
4 weeks
Reason for Selling:
relocating
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Scott Hislop

Business Listed By:
Scott Hislop

Transworld Business Advisors of Minnesota

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