$7,495,000
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544 SqFt
SOLD DATE : 12/03/2024
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 544 sqft
Price per Sqft $13,777
Subdivision Vally Park Addition
MLS Listing ID 24-736
Sold Date 12/03/24
HOA Y/N false
Abv Grd Liv Area 544
Originating Board Sheridan County Board of REALTORS®
Year Built 1996
Annual Tax Amount $10,731
Tax Year 2023
Lot Size 1.000 Acres
Acres 1.0
Property Description
Amazing Opportunity to purchase two highly profitable Conoco gas stations with their associated income streams! Ranchester's only gas station Buckhorn Travel Center and Sheridan's Bucks Travel Stop each sell a high volume of fuel with abundant traffic also purchasing from each of their convenience stores, from the liquor store at Buckhorn and the amazing Chopper's Deli at Bucks. Each have great visibility and easy access from their highway exits at Interstate 90 and Highway 14.
For Bucks, the Visitors Center across the street is a destination that brings tourists off the 5th street exit 23 and provides overnight truck parking across the road. Over 8000 vehicles pass by on the I90, daily, with over 3100 getting off on this exit. (wydot 2021 traffic data). The Game and Fish Department next door utilize this gas station extensively. A new residential development, the Story House Village (phase One having roughly 100 lots) has been planned just past Bucks Gas Station, which could drive up traffic counts considerably and make it the most convenient stop for those residents for food at the deli and snacks at the store! The City of Sheridan is also exploring extending more utility services out 5th street making additional development very likely! There are additional commercial lots for sale next door, allowing for future expansion to a truck stop. Bucks Travel Stop also includes the popular and newly renovated Chopper's Deli sandwich and coffee shop that supports veterans with its products and food sales.
The Buckhorn Travel Center is the first gas station on I90 from the Montana State line, the first gas station on Hwy 14 en route to recreation on the Bighorn mountains and a popular route to Yellowstone national park, and the only gas station in Ranchester. Almost 1800 vehicles exit I90 to Ranchester daily. It includes a profitable convenience store and liquor store with a Retail Liquor License. The Buckhorn, started in 1996, is a well-established community hub for the town of Ranchester. The town is actively adding much residential and commercial development, bringing more traffic to the local businesses.
Address and legal descriptions for properties as follows: Bucks Travel Stop 1514 E 5th St; legal description Valley Park Addition Block 1, Lot 2 (total acres =1.31) Buckhorn Travel Plaza 723 Dayton St, Ranchester WY 82839; legal Buckhorn Subdivision, Lot 1 (total SF = 27,225). Bucks Travel Stop Total Sales 670,970 gallons of fuel in 2023. Fuel Sales $2,598,315 + C-Store & Deli $540,066 for Total $3,138,381. Buckhorn Travel Plaza Total Sales 691,207 gallons of fuel in 2023. Fuel Sales $2,693,868 + C-Store & Deli & Liquor Store $1,577,360 for Total $4,171,228 . Grand total Gross Sales of $7,309,609 in 2023 for both gas stations.
Buyers to conduct their own independent verification of all factors affecting the purchase and are not relying on statements from Sellers or Seller's agents. Financial Statements are available after signing a non-disclosure agreement. Purchase price does not include inventory. Showings to pre-qualified buyers only. $250,000 minimum deposit with all offers.
Location
State WY
County Sheridan
Community Vally Park Addition
Direction For Buck's, in Sheridan take 5th St exit off I90and go East. Property is only gas station on right, across from the information center. For the Buckhorn, exit I90 for Ranchester, drive through Ranchester property is on the right.
Interior
Heating Propane Forced Air, Natural Gas, Propane, Other
Cooling Central Air
Exterior
Utilities Available Cable Available, Phone Available
View Mountain(s)
Building
Sewer Public Sewer
Water Public
Structure Type Metal Siding
Schools
Elementary Schools School District #2
Middle Schools School District #2
High Schools School District #2
Others
Senior Community No
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