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EIGHT CONVENIENCE STORES
3301 N. White Sands Blvd., Alamogordo, NM 88310
$4,200,000
1,500 SF
$2,800
Retail
Service/Gas Station
Business For Sale
3%
-
Find Out More...
Last Verified 9/29/2009
Listing ID 16254394
Highlights
All locations enjoy Conoco-Phillips branding benefits and national recognition.
Seller providing full environmental disclosure and current State Approval fuel tank inspections.
New owner must have ability to see opportunities and to make improvements to capitalize on them.
Eight retail locations can be purchased without fuel wholesale business for $3,650,000.
Alamogordo, Tularosa and Ruidoso benefit from tourist traffic from El Paso, TX/Juarez, Mexico 2.5 million population center 80 miles south of Alamogo.
US Hwy 54 is shortest NAFTA route to I-40 and Eastern US, thus substantial truck traffic.
Description
Eight Conoco-Phillips retail fuel & convenience stores plus wholesale fuel distributing business located in south central New Mexico and covering four market areas. Owner has been in the business fifty years. Willing to work with new owner for successful transition of ownership. Key employees desire to remain. All eight locations are owned and included in the price, as are wholesale business accounts, FF&E, computer system, rolling stock, etc. Owner has lived by the motto "LOCATION, LOCATION, LOCATION" in assembling his retail locations. However he has not been agressive in developing C-store inside merchandising. New owner would profit by remodeling stores for more street appeal and impulse merchandise sales areas.
Four retail locations in Alamogordo - enjoys strong, stable economy from nearby Air Force and Army bases as well as summer/winter tourism. One in Tularosa, a trinagle shaped property in the center of the intersection of US Highways 54 and 70. One at the NE corner of the intersection of US Highways 54 and 380 in Carrizozo, a community 50 miles in every direction from other business and service areas (this corner property is six acres, providing room for truck stop, RV park or other much needed services). Two locations in Ruidoso, NM, a mountain resort destination with casinos, horse racing, world class winter snow skiing and popular summer mountain recreation.
Map of 3301 N. White Sands Blvd., Alamogordo, NM 88310 (Otero County)
Created 5/27/2009
Additional Information for 3301 N White Sands Boulevard, Alamogordo, NM 88310
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.