781 Broadway Ave
781 Broadway Ave, Des Moines, NM 88418

Overview
Turnkey Gas Station, C-Store, Fuel Business & Liquor License – Only Gas Station for Miles!
Des Moines, New Mexico • Real Estate Included • Liquor License Included
A rare opportunity to acquire a profitable, fully operational gas station and convenience store with real estate, fuel operations, and a New Mexico Dispenser Liquor License all included in the sale. High Country Mercantile serves as one of only two fuel providers in the entire region, creating a near-monopoly position in a rural trade area with strong year-round demand from locals, ranchers, travelers, truckers, and seasonal hunters.
This is a true turnkey owner-operator or investor acquisition with multiple income streams and stable, repeat customer traffic.
Business Highlights
- Multiple revenue streams: Fuel, convenience retail, liquor sales, lottery, ATM, merchandise.
- Consistent financial performance:
- 2025 EBITDA (Jan–Aug annualized): ~$122,000
- 2024 EBITDA: ~$119,000
- 2023 EBITDA: ~$122,000
- Fuel volume: Average ~33,000 gallons/month across unleaded, premium, and diesel.
- Clean operation with strong community reputation.
- Liquor sales add meaningful income and create a competitive advantage.
- Real Estate & Assets
- Fee simple ownership of the site.
- Monument signage on Broadway Ave with excellent visibility.
- Above-ground tanks serviced by Patriot Petroleum:
- (1) 10,000-gallon unleaded
- (1) split 10,000-gallon tank (5,000 premium / 5,000 diesel)
- Modern canopy, pumps, POS, coolers, shelving, and fixtures included.
- Well-maintained building with retail area, storage, cold beverage displays, and walk-in cooler.
- Additional acreage behind the store available, offering expansion potential (RV parking, truck bays, storage, new retail space, etc.).
Competitive Advantages
- “Only gas station for miles” — deep capture of local and highway traffic.
- Real estate ownership eliminates rent pressure and protects long-term margins.
- Strong rural trade area with consistent necessity-based spending.
- Liquor license provides a rare and valuable income source.
- Ideal for family operators, regional fuel operators, or buyers seeking stable cash flow with property ownership.
Growth Opportunities
- Add hot food / quick-serve concepts.
- Expand liquor and grocery selection.
- Utilize available adjacent land for RV pads, storage units, or additional retail.
- Enhance digital presence and local marketing.
- Add diesel-focused offerings for agricultural and trucking customers.
Reason for Sale
Ownership is retiring and seeking a qualified buyer to carry the business forward.
Attachments
For Sale
Secondary Uses: Convenience Store
- Sale Price
- $1
- Tenant
- High Country Mercantile
- Building Name
- High Country Mercantile
- Average Occupancy Rate
- 100%
- County
- Union
- Created
- 2025-11-14
- Updated
- 2025-11-14
- Listing ID
- cf7a538b
- Parcel APN
- 2139
Contact Broker
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