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Businesses For Sale > Business For Sale in Irvine, Kentucky (KY)

High-Volume Gas Station with Rental Income 1 hour from Lexington, KY! for sale in Irvine, KY

Irvine, Kentucky (KY)

Asking Price: Gross: Cash Flow:
$ 1,349,000 Undisclosed $ 15,600

Real Estate:
(included in the asking price)

Business Summary:
High Volume Gas Station! Inside Sales are $125,000! Lottery Commission is $1500 and ATM is $1200! Gas sales are 45,000 gallons with 12 cents margin.

Sellers purchased the store for $1.5M in 2015! Appraisal in 2015 valued the property at $1.55M! Sellers spent nearly $300,000 renovating everything and added new coolers, freezers, canopy, and lights!

Sellers collect rent from the pharmacy next door of $2,300 per month! The pharmacy is on a yearly lease and has been at that location for over 20 years!

Store is located in a dry county.

18,000 sq ft!

Great Location! Heavy Traffic flow and great visibility.

Estill County is home of Kentucky's most amazing scenic valleys such as Red Lick Valley, Sweet Lick Knob and Estill Springs.

Near to the fire station, animal hospital, luxurious apartment complexes, and multiple churches. 4 minutes away from the hospital, and elementary school!

Asking Price for Business and Property: $1.349M + inventory. Bank is more than willing to finance at 20% down!

Inventory is approximately $150,000 which can be bundled in the loan. Buyer will require at least $300,000 to make the deal work.

 

   
Owner willing to train: Yes  
   
Seller Reference Number: Irvine1.3M
BusinessMart.com Listing Number: 248941
 

 

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For more info contact:

Kavita Purohit

River Brokers
7706649999

CONTACT SELLER

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