Business Summary:
Profitable, long-established CITGO Gas Station and Open Pantry Convenience Store ready for new owner to assume successful operations. Prime location on major State Highway in Southeastern WI and within close proximity to a significant North/South corridor assures commuter traffic as well as loyal, local patronage.
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| Year
Business was Established: 1987 |
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| Number of Employees:
5 FT |
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| Facilities / Terms of Lease:
Facilities include 2 pumps with double hoses and 3 underground storage tanks (USTs). The majority of the retail space is open and stocked with racks of groceries and snacks. An ATM, 3 Video Game Machines, and a Photo Copier are not included in the purchase price, but the current contracts are assumable. The coffee machines are provided by coffee supplier Condor and can remain as long as the coffee contract is in place. The cigarette storage racking is also on loan from the distributor. |
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| Potential
Growth/Expansion:
One of the three underground storage tanks could be converted to E-85 or Diesel in order to expand the product line. Gasoline and store hours could be expanded to 24 hours/7 days a week at new owner’s discretion. |
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| Competition:
Great location on busy state highway in Southeastern WI, near the intersection of a significant North/South corridor connecting Milwaukee, Racine, and Kenosha Counties. This is a long-established neighborhood store, but customers include commuters and well as fiercely loyal, local clientele. Prices are competitive with others in this corridor. Brisk cigarette and lottery sales as well as gas. |
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| Owner
willing to finance:
Owner financing/long-term lease available. |
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| Owner
willing to train:
Seller is active in the day-to-day operation of the business and is willing to help transition the business to the new owner. |
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| Reason for selling:
Seller has another full-time job and wants to pursue other interests. |
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Seller Reference Number: 4181-385
BusinessMart.com Listing Number: 72296 |
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