Listing Number: 9525-966053
Description
Transworld Business Advisors is pleased to exclusively market Gas & Self-Storage in Tazewell, VA. The Subject Property comprises 8 Fueling Stations, a Convenience Store [6,000 SF], and a Self-Storage business along with 2 rentable office space. Ownership has invested approximately $200k to $300k in renovations and capital expenditures since its acquisition. Besides the gas station, the Subject Property also has a self-storage facility managed by ownership. Self-Storage contains 40 units. Ownership has re-stabilized the self-storage component through renovations and capital expenditures, increasing the occupancy since early 2022.
Investment Highlights
• Average Inside Sales: $70,000 per month
• Average Gallons Sold: 45,000 per month
• Average Misc Income: $25,000 per month
• Approximately $200k-$300K Invested by Ownership in Renovations and Capex.
• 40 Storage Units currently generating income of $5,500 per month
• Surge in Development on Route 460 and Route 19 - High Demand for Property and Land
Listing Details
- Price: $1,800,000
- Down Payment: $1,800,000
- Sellers Discretionary Earnings: $239,000
- Total Sales: $2,520,000
- Location: Tazewell County, Virginia
- Inventory: $0
- FF&E: $125,000
- Employees: 4
- Reason for Selling: other interests
- Category: Gas Station
