Hot Listing

Marathon with New Imaging & Gaming

Asking Price$860,000

Gross Revenue
$1,500,000

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.1600

Price per Sq. Ft.Not Disclosed

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Hot Listing

Marathon with New Imaging & Gaming


Asking Price$860,000

Gross Revenue
$1,500,000

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.1600

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
Running Marathon Brand, full liquor license, and gaming income $7000/month, owners' share, Merchandise sales are over $600'000 per year, absentee ownership, lots of potential available for owner-operator. Opens 6 am to 11 pm. Monthly payroll is $11'000 per month new owner operator can save $6000 in payroll, plus owner's presence always brings growth in business.
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
New Pumps, New Pos system, spent over $75'000
Location Description
Located in the main Belvedere downtown, and city of Belvidere does not allow new stations in down downtown area, so no future competition. Also, on gaming licenses city has a cap now; no more gaming licenses will be issued.
Current and Prior Use
Gas Station
Year Built
1979
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
with $200'000 down plus inventory which is $150'000
Listing Info
ID:
2406654
Listing Views:
214
Business Location

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Property Listed by: Tauseef Syed R & J Commercial

Listing ID: 2406654 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.