SVN Fiducia Properties marketed this asset during even tougher economic times--when the nearby interchange was under construction back in 2008--but is rolling the property back out at a lower price and better price to gross profit ratio.
B and D is a full service truck stop with restaurant and convenience store and is located at mile marker 127 on Interstate 44 in Lebanon, Missouri. Lebanon is located less than an hour NE of Springfield and about 2.5 hours SW of St. Louis. Lebanon is the county seat of Laclede Co. Located nearby are a variety of recreation-related entities such as Bennett Spring State Park, a well known haven for trout fishermen.
B and D enjoys little competition in the area and has operated at its current location for over 45 years. It is a well known and frequented destination for truckers and other travelers who utilize busy Interstate 44. Speaking of Interstate 44, does anyone remember C.W. McCall's hit song "Convoy" from the mid-'70"s? That song mentions Interstate 44, but sadly, not B and D.
B and D's new price is $2,750,000 which represents a multiple of 2.88 times gross profit. The asset is located on 10.75 acres of prime real estate. To learn more about this outstanding business opportunity, please contact us toll free at 888.879.2083 or shoot us an email at greg.finley@svn.com.
That's a big 10-4, Pig-Pen. C'mon.
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