41000 Woodward Avenue, Suite 350 East Building, Bloomfield Hills, MI - 48304
Thanks for your interest in this gas station / convenience store. This is an opportunity to expand and modernize the convenience store experience in downtown Memphis. The 2021 total revenue $781,451 breaks down to $500,565 in fuel, $203,717 in Auto Service & Repair, $62,280 in store sales (no liquor) and the balance miscellaneous. The structure has a new roof in 2022, new AC in 2021, and new furnace in 2020. The facility includes all new fuel tanks, piping, and protection.The owner is the sole mechanic. Employees include cashiers only, no other mechanics. Husband and wife owner operators are ready to retire and hand off this opportunity to a modern day gas station- convenience store operator. This sale does not include mechanic's tools and equipment.
The building is a one story masonry construction with a flat roof, 3 service bays, 2 metal storage additions behind the main structure, 8 parking spaces in the front and plenty of parking in the rear with a drive thru from the front to the side street, all on a total of 0.62 acres. This sale does not include mechanic's tools and equipment.
There are 3 service bays and no other mechanics besides the owner. A new owner can utlize these bays, rent them out, or convert them to a convenience store to expand the existing small store on the property. The 0.6 acres cane be utilized more efficiently and optimized to the new owner's highest and best use. This sale does not include mechanic's tools and equipment.
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First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Location: Memphis Michigan
Thanks for your interest in this gas station / convenience store. This is an opportunity to expand and modernize the convenience store experience in downtown Memphis. The 2021 total revenue $781,451 breaks down to $500,565 in fuel, $203,717 in Auto Service & Repair, $62,280 in store sales (no liquor) and the balance miscellaneous. The structure has a new roof in 2022, new AC in 2021, and new furnace in 2020. The facility includes all new fuel tanks, piping, and protection.The owner is the sole mechanic. Employees include cashiers only, no other mechanics. Husband and wife owner operators are ready to retire and hand off this opportunity to a modern day gas station- convenience store operator. This sale does not include mechanic's tools and equipment.
The building is a one story masonry construction with a flat roof, 3 service bays, 2 metal storage additions behind the main structure, 8 parking spaces in the front and plenty of parking in the rear with a drive thru from the front to the side street, all on a total of 0.62 acres. This sale does not include mechanic's tools and equipment.
There are 3 service bays and no other mechanics besides the owner. A new owner can utlize these bays, rent them out, or convert them to a convenience store to expand the existing small store on the property. The 0.6 acres cane be utilized more efficiently and optimized to the new owner's highest and best use. This sale does not include mechanic's tools and equipment.
Listing Number:
Category:
Location:
Memphis Michigan
Office: | Cell:
License #:
Financial Information:
Gross Revenue
$781,000
Listed Price:
$900,000
Lease Information:
Square Feet:
3116
Total Rent:
$0
Lease Expiration:
N/A
Lease Options:
N/A
Asset Information:
Leasehold Improvements:
$0
Equipment / Fixtures:
$100,000
Additional Information:
Full-Time Employees:
0
Part-Time Employees:
2
Training Period:
2 weeks up to 20 hrs / wk
Reason for Selling:
retirement
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
41000 Woodward Avenue, Suite 350 East Building, Bloomfield Hills, MI - 48304
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