The Junction Gas/Convenience Store & Cave Liquors on Hwy 169

Aitkin, MN (Aitkin County)

The Junction Gas/Convenience Store & Cave Liquors on Hwy 169
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Asking Price: $599,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2001

The Junction Gas/Convenience Store & Cave Liquors on Hwy 169

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Business Description

PURCHASE PRICE REDUCED TO $599,000 FROM $649,000! Located in the Brainerd Lakes Area, The Junction/Cave Liquors has established itself as a popular local convenience store offering customers a clean facility with a friendly staff providing fuel, a wide variety of convenience store products, bait and tackle, a liquor store and a full service deli. The Junction/Cave Liquors location provides excellent visibility and allows easy access. The deli is popular for its sandwiches, burgers, pizza and many other items. It has developed a great local following as well as being a premier stop for tourists, locals and those using the many nearby lakes. Purchasing The Junction/Cave Liquors is more than just buying a business, it's buying a lifestyle. The area provides a highly desirable setting for year-round outdoor activities, abundant wildlife and nature. This is an opportunity to live in nature's paradise and own an established business!

Detailed Information

Location:
Aitkin, MN
Real Estate:
Owned
Included in asking price
Building SF:
4,272
Employees:
4
Facilities:
Gas Station/Convenience Store: 3,168 SF. Liquor Store: 1,104 SF. Gasoline Canopy: 2,592 SF (4 Double-Sided Gasoline Pumps w/ Card Readers). Diesel Canopy: 1,032 SF (2 Double-Sided Diesel Pumps w/ Card Readers). Underground Tanks: 2 (12,000 Gallon); 1 (8,000 Gallon); 1 (6,000 Gallon).
Competition:
The biggest competition for this location would be stations located in Garrison, MN, however no station is Garrison is allowed to carry diesel, which provides The Junction with a distinct competitive advantage over the closest competition. Also, the addition of the liquor store and the full deli make The Junction/Cave Liquors a local favorite.
Growth & Expansion:
Key Investment Considerations: Established presence; Clean/well maintained equipment & facility; Established deli operation; Business purchase backed by real estate value; Local ownership; Additional growth potential; and Favorable interest rate environment. Key Growth Opportunities: Increase sales w/ additional advertising; Exterior marketing (signs & banners); Improve profit margins w/ multiple store ownership; Pursue the addition of a car wash; and Trailer rental/sales.
Reason for Selling:
Owners wish to pursue other ventures
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(from currently available funds)
 
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Christopher C. Close

Business Listed By:
Christopher Close

Close-Converse Commercial Properties

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