

23284 STATE HIGHWAY H KIRKSVILLE MO 63501-7889
About This Property
Marketing description
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.
Investment highlights
Sinclair-branded station with strong brand recognition ✓ Annual fuel sales up to 456,000 gallons
✓ Inside sales reaching $816,000 in 2025 ✓ Fee simple ownership of 2.25-acre property
✓ Includes seven apartment units for additional rental income ✓ Bar/lounge space offering flexible lease options
✓ Stable EBITDA of $222,200 in 2025 ✓ Existing fuel supply agreement with MFA Oil until 2030
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