Shell-Branded Gas Station & C-Store

Shell-branded gas station & c-store on a high-traffic volume artery in Kingman. This section of Beale St. in also U.S. Hwy 93 leading to Las Vegas, Lake Mead and the west rim of the Grand Canyon. Shell Agreement expires Dec. 2024. Four Gilbarco MPDs w/CRINDs serve 3 grades of unleaded plus diesel. 3/6,000 gal. SWFG USTs were install 1991. Electronic UST system monitoring is from a VeedeRoot TLS-300. No environmental conditions as of 2-26-21. The 3,637 +/- sf building has about 1.950 sf in the store, and 1,688 sf in a 2 bay service garage. The roll-up doors are still in place, but the space is used for storage of tire inventory for the Best Tire business next door. The Best Tire business is owned by the same owners who own the Shell station. (Best Tire business with real estate is also for sale - see BizBuySell listing.) The Shell is a business only for sale. Seller operates on a lease for the property. The lease is a modified gross lease with a base rent of $7,099/mo, expiring 12-31-24. The lease calls for Lessor/Landlord paying for property taxes, property insurance including environmental, and UST system maintenance. The store sells the traditional merchandise including Lottery, but no alcohol. An alcohol license for beer-and-wine should be permitted - seller had not applied for one. Financial data illustrated is for the year 2021. Post-COVID-impacted 2020, total sales were up 68% and gross profit was up 32% in 2021. Fuel pooled margin maintained $.79/gal. for the 2021 year. Financial statements are available from Broker - contact MJG for a confidentiality agreement. Location: Kingman, Arizona Year Established: 1990 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 3,637 Rent: $7,099.00 Per Month Lease Expiration: 12/31/2024 Facilities: Four Gilbarco MPDs w/CRINDs serve 3 grades of unleaded plus diesel. 3/6,000 gal. SWFG USTs were install 1991. Electronic UST system monitoring is from a VeedeRoot TLS-300. No environmental conditions as of 2-26-21. The 3,637 +/- sf building has about 1.950 sf in the store, and 1,688 sf in a 2 bay service garage. The roll-up doors are still in place, but the space is used for storage of tire inventory for the Best Tire business next door. The Best Tire business is owned by the same owners who own the Shell station. (Best Tire business with real estate is also for sale - see BizBuySell listing.) Market Outlook/ Competition: Excellent high-visibility location on a high-volume trafficked street. Growth & Expansion: Converting the 2-bay garage into more store would add another 1,700 +/- sf to merchandising area, about a 47% increase.