Hot Listing
Rundown Gas Station For Sale
Business Description
Established Gas Station Opportunity - Elizabethtown, KY
This well-positioned gas station presents an excellent investment opportunity in Hardin County with minimal local competition. Currently generating $225,000 in annual revenue, the business operates as an absentee-owned establishment with strong fundamentals and growth potential.
Financial Performance:
- Monthly inside sales: $22,000
- Outside fuel sales: 9,000 gallons monthly at $0.20 margin per gallon
- Additional revenue streams: Lottery commission ($400/month), ATM commission ($125/month) U-Haul Commission ($500/month)
- Net profit exceeds $3,800 monthly after all expenses
- Historical performance shows $50,000 monthly inside sales when owner-operated
Property Details:
- 2,000 square foot facility
- Lease rate: $2,500 NNN monthly
- Current lease expires July 31, 2030
- Landlord willing to extend lease up to 10 additional years with reasonable terms
- Recently renovated interior and brand new fuel pumps minimize future capital expenditure needs
Operational Advantages:
- Minimal competition within 2-mile radius
- Single employee operation
- Inventory valued at $70,000
- U-Haul rental location opportunity
- Established customer base and revenue history
Growth Potential:
The business demonstrates significant upside potential, having previously achieved more than double current inside sales performance under owner operation. The absentee management model presents opportunity for hands-on ownership to substantially increase revenue and profitability.
Support & Training:
1-2 weeks of training provided to ensure smooth transition. Owner relocating out of state, creating motivated sale opportunity.
Asking Price: $25,000
This turnkey operation offers immediate cash flow with substantial growth potential for an engaged owner-operator in a market with limited direct competition.
This well-positioned gas station presents an excellent investment opportunity in Hardin County with minimal local competition. Currently generating $225,000 in annual revenue, the business operates as an absentee-owned establishment with strong fundamentals and growth potential.
Financial Performance:
- Monthly inside sales: $22,000
- Outside fuel sales: 9,000 gallons monthly at $0.20 margin per gallon
- Additional revenue streams: Lottery commission ($400/month), ATM commission ($125/month) U-Haul Commission ($500/month)
- Net profit exceeds $3,800 monthly after all expenses
- Historical performance shows $50,000 monthly inside sales when owner-operated
Property Details:
- 2,000 square foot facility
- Lease rate: $2,500 NNN monthly
- Current lease expires July 31, 2030
- Landlord willing to extend lease up to 10 additional years with reasonable terms
- Recently renovated interior and brand new fuel pumps minimize future capital expenditure needs
Operational Advantages:
- Minimal competition within 2-mile radius
- Single employee operation
- Inventory valued at $70,000
- U-Haul rental location opportunity
- Established customer base and revenue history
Growth Potential:
The business demonstrates significant upside potential, having previously achieved more than double current inside sales performance under owner operation. The absentee management model presents opportunity for hands-on ownership to substantially increase revenue and profitability.
Support & Training:
1-2 weeks of training provided to ensure smooth transition. Owner relocating out of state, creating motivated sale opportunity.
Asking Price: $25,000
This turnkey operation offers immediate cash flow with substantial growth potential for an engaged owner-operator in a market with limited direct competition.
About the Business
- Number of Employees
- 1
- Facilities & Assets
- Furniture and Equipment is not included in business price.
- Market Outlook / Competition
- No competition in 2 miles radius.
- Opportunities for Growth
- Absentee Owner business.
When store was owner operated used to do 50K/ Month inside sales.
U-Haul Location
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,500.00 per month
- Lease Expiration
- 7/31/2030
About the Sale
- Seller Motivation
- Moving Out of State
- Transition Support
- 1-2 Week Training will be provided.
Listing Info
- ID
- 2394808
- Listing Views
- 1716
Listing ID: 2394808 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleKentucky Businesses for SaleKentucky Auto & Automotive Businesses for SaleKentucky Gas Stations Businesses for Sale