Here is a Chevron-branded gas station in Lake Havasu City doing $4,082,741 a year on $707,340 in owner's cash flow, and the real estate is included in the price.

Read the price split before you judge the multiple. $7,200,000 of the $8,700,000 is the land and building, which the buyer takes title to. The business itself is $1,500,000 — roughly 2.1x owner's cash flow — and the buyer owns the dirt underneath it. Commercial property in this part of Lake Havasu almost never comes available.

Four things earn money here. Fuel moves about 620,563 gallons a year, a little over 52,000 a month, at roughly $0.50 a gallon. Inside sales run about $126,000 a month at a 50% margin. The store carries the usual convenience lines plus a deli making fresh food to order and a gift shop selling souvenirs, beach gear and apparel to the tourist trade. Non-fuel sales came to $1,669,159 against $2,418,850 in fuel — and that balance is the part worth noticing. This is not a site that lives or dies on fuel margin.

The location is most of the reason it works. The station sits a short walk from the London Bridge, surrounded by waterfront resorts, restaurants and shops, catching both the local base and the visitors who come through Lake Havasu year-round.

It runs 24 hours a day, seven days a week, with eight full-time employees. The current owner is absentee and does not work in the business. Series 10 beer and wine, lottery, EBT and TPT licensing are all in place, subject to transfer and approval.

The growth here is real and unworked. The deli does not serve breakfast and does not cater. There is no loyalty program tying fuel, food and gift shop purchases together. Nobody is marketing to the RV travelers and event crowds that come through town, and no one has looked at what could be done with the owned parcel long term. A hands-on owner would find more here than an absentee one has.

The $8,700,000 price includes the real estate at $7,200,000, the business at $1,500,000, and $200,000 of furniture, fixtures and equipment. Inventory of approximately $200,000 is purchased separately at cost. The seller is moving on to other business interests and will provide two weeks of training.

Financials shown are the 2024 monthly-average annualized P&L. Full detail available to qualified buyers under NDA and proof of funds.