Brand-New 2023 Gas Station & Full-Service Diner: Massive Upside Opportunity – Priced at $750k
Executive Summary
A unique opportunity to acquire a brand-new, state-of-the-art gas station and local diner/market built in 2023. Located just five minutes from downtown Newfield in a high-traffic area ideal for local commuters and farm workers. This business is priced for a quick sale based on asset valuation and offers significant immediate upside through improved management and extended hours.
Unique Business Concept: Farmington Market & DiningFarmington Market & Dining has been serving the Mayfield area as a locally-trusted gas station, restaurant, and convenience store since 2023. The team is proud to offer convenience at its best, and as a unique convenience store market, they carry a wide variety of specialty products you can’t get at any other gas station.
Specialty Offerings: Farmington Market & Dining specializes in carrying fresh local hand-cut meats and deli meats.
Dining Area: The full kitchen and dining area serve up breakfast, sandwiches, and entrees throughout the day, establishing the business as a perfect one-stop place to fuel up, shop, and eat.
Property & Asset HighlightsYear Built: August 2023 (Virtually brand new).
Fuel System: State-of-the-art gas station setup featuring:
16,000-Gallon Tank
Two Double-Sided Pumps
"3+1" Dispenser ConfigurationBrand-New Equipment (Gas pumps and related infrastructure).
Facility: Includes a fully equipped commercial kitchen, coolers, and a dedicated sit-down dining area to support the unique market concept.
Financial Overview (Proven Potential)
Asking Price: $750,000 (Seven Hundred Fifty Thousand)
Valuation Basis: Price is grounded in the appraised value of the property and assets (Property $\approx \$650K$, FF&E $\approx \$100K$).
Proven Initial Performance (First 2 Months):
Store/Restaurant Revenue: $\approx \$35,000 - \$40,000$ per month
Gas Volume: $\approx 15,000$ gallons per month
Total Monthly Revenue: $\approx \$75,000$ (Store/Restaurant) + Gas Sales
The Opportunity: Immediate Upside PotentialThe current owner built and launched the business successfully but has since experienced a revenue drop due to unreliable staffing and inconsistent management. This presents an immediate, low-hanging opportunity for a new, hands-on owner/operator:
Extended Operating Hours: Currently, the business operates from $\approx 7:00$ AM - $7:00$ PM and is closed on Sundays. Extending hours to cater to early morning workers (e.g., opening at 4:30 AM or 5:00 AM for breakfast/coffee) will capture significant lost traffic.
Restore Consistent Management: Implementing a reliable management structure will instantly stabilize staffing, ensure consistent opening/closing times, and allow the business to return to its initial high-performing revenue levels.
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