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Agnostic

MK MART

Kirksville, MO, USA
Updated 1 day ago

This is an exceptional opportunity to acquire MK Mart, a well-established Sinclair-branded gas station and convenience store located at 23443 State Route H, Kirksville, Missouri, situated on a prominent corner at Highway H and Highway 11. The property benefits from excellent visibility, convenient access, and traffic counts of approximately 12,000 vehicles per day. The station has demonstrated strong operating performance, with annual fuel sales reaching up to 456,000 gallons and 2025 inside store sales of approximately $816,000. The convenience store maintains a healthy gross margin of approximately 30%, reflecting solid profitability potential. The offering includes fee simple ownership of the real estate, consisting of approximately 226,948 square feet of land. In addition to the gas station and convenience store operation, the property includes seven apartment units, creating an additional rental income opportunity. The apartment mix consists of one 1-bedroom unit, one 4-bedroom unit, and five 2-bedroom units. The property also includes a bar/lounge space currently leased on a month-to-month basis, providing flexibility for a new owner to either continue leasing the space or potentially operate the bar themselves, subject to applicable licensing, approvals, and transfer requirements. Financially, the business shows consistent performance, with a reported 2025 EBITDA of approximately $222,200, supported by multiple income streams, including fuel sales, inside sales, gaming income, apartment rental income, and bar lease income. The fuel supply agreement with MFA Oil is currently in place and is scheduled to expire on March 31, 2030, providing the buyer with a clear timeline regarding the existing supply arrangement. This acquisition presents a stable investment opportunity with strong existing operations, diversified income streams, and multiple opportunities for continued growth in the Kirksville market.Asking Price: $1,390,000 Inventory and gasoline are not included in the asking price and shall be purchased separately at closing, in addition to the purchase price.

Inventory

Not included in asking price, purchased separately

Land Area

2.25

Property Size

Approx. 16,700 SF

Apartment Units

7

Bar/lounge Space

currently leased on a month-to-month basis

Annual Fuel Sales

456,000 gallons

Land Size (sq Ft)

226,948 square feet

Apartment Unit Mix

one 1-bedroom unit, one 4-bedroom unit, and five 2-bedroom units

2025 Inside Store Sales

$816,000

Convenience Store Gross Margin

approximately 30%

Fuel Supply Agreement Expiration

March 31, 2030

Financials

Asking Price
$1.4M
RevenueMost Recent Year
Undisclosed
Earnings (EBITDA)Last Reported
$222K
Assets Value
Undisclosed
Seller Financing
Not available

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