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Banning Junction in Finlayson, MN
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| Status: |
Available |
| Listing ID#: |
622146 |
| Listing Type: |
For Sale - Business & Real Estate |
| Property Type: |
Convenience Stores |
| Location: |
West/Central MN 55735 Minnesota |
| Asking Price: |
USD 1,700,000 |
| Down Payment: |
500,000 |
| Gross Income: |
$4M - $5M |
| Furniture, Fixtures & Equipment: |
500,000 |
| Inventory: |
200,000 |
| Real Estate: |
Included |
| Seller Financing Available: |
Yes |
| Financing: |
$500K down |
| Reason Selling: |
Buying another business closer to the metro. |
| Year Established: |
1968 |
| Lot Size (acres): |
32 acres |
| Facilities: |
17,000 |
| Competition: |
Only Travelers Plaza of this type for this area only retail outlet for this exit. |
| Market Outlook: |
Its proximity to the State park is an added bonus. |
| Growth & Expansion: |
Additional space for a Dollar Store or other retail operation. Many local residents shop daily at the Travelers Plaza and this addition would benefit the business with added revenue. Business has been approached by the State Park to sell 20 acres of its land holding to them. |
| Support/Training: |
30 days for new owners. |
| Employees: |
27 |
| License requirements: |
On Sale Liquor Off Sale Liquor Restaurant License |
| Submission Date: |
07-20-2011 |
| Last Update: |
10-12-2011 |
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| Agent Details: |
Jerry Vlaminck |
| Company Name: |
HSC Brokers |
| Phone Number: |
763-972-9077 |
| Fax: |
763-972-9080 |
| Mobile Phone: |
612-363-7456 |
| Outstanding Travelers Plaza on I-35, half way between Minneapolis and Duluth, MN. Center has gas and diesel, Truck parking, C-store Café/Restaurant, Bar/Lounge and off sale liquor store. Located on 32 acres surrounded by a state park. Building has a newer roof and siding. All mechanicals are in good condition. Year round business with exceptional summer sales. Additional rented space for hair salon. This place is the one stop shop for all travelers needs. |
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Banning Junction
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Banning Junction Exterior
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Pizza Primo
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cafe
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Inside C-Store
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Kitchen
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