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781 Broadway Ave

781 Broadway Ave, Des Moines, NM 88418

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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.

For Sale

Retail

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

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