Major Highway Gas Station Huge Property Cash Flow

Major Highway Gas Station Huge Property Cash Flow: $500k No competition, no fuel contract

San Angelo, take a look at this massive gas station that is now being sold due to the sellers retiring after 40 years. This station, if you are in the county of Tom Green, is the one with a net cash flow of over $500,000. The store is number one in the region, with a net profit per year of $100,000 from the lotto. This store has it all, including a history of sales at $120,000 a month, all numbers provided by the American owners. There will be no fuel contract attached to this deal, with fuel sales of $40,000 a month. The station has a full canopy with 2 MPD's, and with the right buyer who is willing to invest in some more pumps and tanks, this place could be a truck stop. The station is located on a major highway, and over 20,000 cars a day travel this road. The asking price includes everything at $2,750,000, which makes the deal at an 18% CAP rate based on the income. There is no seller financing, and the sellers are looking to retire and are not interested in leasing. This station has already been pre-approved for financing, so shop with confidence. If you have 20% to put down, it's yours.