Gas Station w/Auto Repair Garage

Patagonia is booming, thanks to the acquisition and re-opening of the Hermosa Mine about 7 mi. south of town by South 32, an Australia Mining Co. They paid $1.3b for the mine! Pat Gas is the only gas station in town! The site has been approved by ADEQ for their Tank Site Improvement Program (TSIP) that will replace the existing UST system with a new DWFG system. Work is to be completed by May 2023. In addition to the new UST system, the seller is upgrading the existing fuel dispensers with a new Gilbarco 700 series MPD. Fuel products sold will be 87, 89 & 91 octane, and diesel. The Seller hasn't operated the auto repair shop since July 2021, and has no plans to open in '22. The fuel pumps have been left on however. The "Financial Information" portion of this ad is for 7 months of 2021. NOTE: The TSIP grant is not assignable to a buyer. Seller will not be able to close escrow until the TSIP project is finished. Location: Patagonia, Arizona Year Established: 1960 Number of Employees: 1 Facilities: The building originally built in 1960 has a small sales counter & office, and a single bay garage. Market Outlook/ Competition: This the only gas station in Patagonia. Nogales is about 18 miles SSW, and Sonoita is about 11 mi. NE. Growth & Expansion: The re-opening of the Hermosa Mine is bring a large influx of people to the area. Developed real estate and businesses of all types are in short supply. The Seller is putting in a new fuel system including an MPD, fuel controller & cashiering system, and electronic monitor. The building appears to be structurally sound, but needs some cosmetic attention. Plumbing will need to add a restroom to the facility.