Flint sits inside a Michigan market with about 4,960 convenience stores statewide, and most of them are owned by single-store operators looking to grow or exit. Flint draws traffic from I-75, I-69, and I-475, which gives well-placed fuel and C-store sites real volume potential and a steady buyer pool. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group in Dallas, Texas, with brokerage through Eagle Nest Brokerage LLC and more than 250 million dollars transacted. We help Flint buyers and sellers price deals correctly, manage Phase I environmental work, and close on terms that hold up to lender and 1031 scrutiny.
The Flint, Michigan gas station market
Michigan supports about 4,960 convenience stores, and Flint claims a meaningful share through its position on I-75, I-69, and I-475. A busy urban station does 100,000 to 150,000 gallons per month, well above the US average of about 4,000 gallons per day, and the best Flint corners on commuter routes can push toward that upper range. Most owners here are independents, which matches the national pattern where about 60% of C-stores are single-store operators.
Profit follows the store, not just the pump. C-store sales are about 30% of revenue but roughly 70% of profit, with in-store items carrying 20% to 40% margins. Review our branded station listings and the profit margins guide to benchmark a Flint site.
Buying a gas station in Flint
Plan financing early. SBA 7(a) caps at 5 million dollars, and special-purpose gas stations need a 15% minimum equity injection, which means 10% to 15% down, with real estate terms up to 25 years. June 2026 SBA rates run about 9% to 11.5% APR variable, and closings take 30 to 90 days. Conventional financing asks 30% to 40% down, and many banks avoid underground storage tanks because of CERCLA liability.
Every SBA fuel deal in Flint requires a Phase I ESA under ASTM E1527-21, costing 1,800 to 3,500 dollars. Start with our how to buy a gas station guide, the due diligence checklist, and our buyer representation.
Selling a gas station in Flint
Pricing comes down to deal structure. Business-only sales trade at 2.5x to 4.0x EBITDA, with smaller stores at 2.0x to 3.5x SDE. Add the real estate and combined deals move to 4.0x to 7.0x EBITDA, reaching about 8x when the property and lease are strong. A small-to-medium Flint owner often nets about 70,000 to 100,000 dollars per year, and stronger sites run 100,000 to 500,000 dollars.
Broker commissions run 10% to 20% on business-only deals and about 6% to 10% on real-estate-inclusive deals, with typical timelines of 3 to 6 months. Use our valuation calculator, the how to sell guide, and our seller representation to position your Flint listing.
Values and cap rates in Michigan
Cap rates set the price on income-producing fuel real estate. Nationally, gas stations sit near 5.6%, roughly 5.58% with fuel and 6.87% without fuel. Weaker markets price wider at 6.0% to 6.5% and above, which is the band Flint sites often fall into versus tighter coastal markets. Tenant credit also moves the number, with 7-Eleven near 5.00% to 5.40% and Circle K near 5.35% to 5.65%.
For NNN investors and 1031 buyers, absolute NNN leases with 15 to 20 year terms make ideal replacements, and the exchange clock allows 45 days to identify and 180 days to close. Run the math with our cap rate calculator and review NNN gas station listings.
