Listing Number: 6953-291144
Description
This opportunity consists of real estate, c-store and gas business, restaurant franchise, and an available rental pad for a new tenant. Priced advantageously for a fast sale, this listing won't last long.
Real Estate: 1.97 Acres of land with building placed of 6940 SF (built in 2005).
C-store/Gas Station: Occupying approx. 40% of the building (2776 SF), the c-store includes a gas station with six pumps renovated in 2021.
Restaurant: Opened in April 2021 under an agreement with Smokin' Joe's Rib Ranch, the restaurant has proven to be a smashing success with the local community. Currently operating only Thur-Sat and staffed with existing c-store employees, the restaurant provides an easy form of revenue and profit at minimal cost. Strong upside potential with expansion to a seven-day operation.
Inventory is in addition to the sale price and is estimated at about 35k.
Available Pad: Approx. 2000 SF of retails/office space is available on site. Previous owners used this space for sleeping quarters and office space. This can repurposed into retail/office tenancy.
Listing Details
- Price: $ 749,000
- Down Payment: $749,000
- Sellers Discretionary Earnings: $ 184,819
- Total Sales: $ 1,780,186
- Location: Rogers County, Oklahoma
- Inventory: $ 10,000
- FF&E: $ 150,000
- Employees: 4
- Reason for Selling: Family Medical Obligations
- Category: Convenience Stores
