Portfolio Sale of Branded Gas Station and Laundromat
Property Overview:
-A well-established branded gas station and laundromat situated on a spacious 1-acre corner lot. This business is strategically positioned in a high-traffic area, ensuring a steady flow of customers.
Business Performance:
-Fuel Sales: The gas station pumps 90,000 gallons per month with a profit margin of 30 cents per gallon.
-Laundromat: The laundromat provides a reliable and consistent income stream adding to the cashflow from attracting regular customers from the local neighborhood and apartments.
Lease Details:
-The property is leased at a rate below the current market value, providing a cost advantage to the new owner.
Ownership and Financing:
-The business is currently absentee owned, with efficient operations requiring minimal direct oversight.
- The seller is looking to divest to invest in a new business venture, offering an excellent opportunity for a new owner to take over a profitable operation.
Investment Potential:
-Development Opportunities: The 1-acre lot offers ample space for new developments. Potential additions include an ice cream shop or food spot within the laundromat area, which could significantly boost revenue.
-Expansion: The open space around the property can be utilized to attract more customers and increase foot traffic to the property.
-High Traffic Area: Sees 25,000 vehicles per day as of traffic counts done in 2022. Positioned in near neighborhoods, this property benefits from constant customer flow, enhancing the potential for further commercial developments.
Contact Information:
-For more details and to explore this profitable business opportunity,
