$2,500,000
Gas Station
- Status: Sold
- Price: $3,800,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
This busy well known Gas Station is located in a very nice area, 6 x pumps & 12 MPD owner claims 80,000 gallons of gas with 0.70 Cents margin of profit per gallon. Mart does an average of $160,000 per month with 35% mark up. His payroll is $16,000 a month ABSENTEE OWNER. Rent is $17,000/m, and lease is till 2026 plus 3 x 5 years options. This Business as it is, can bring owner operator over $800,000 Net. If new buyer reduce his gas margin a little, the gas volume can hit over 200,000 gallons & Mart will do over $200,000 on a 2,400 sq.ft. space.
Asking price is $3,800,000. Need, proof of fund minimum $900,000 in cash as requirement.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Gas Station & Market
License(s) Required:
Business, Health, ABC , Tobacco
Hours of Operation:
6.00 am- 12.00 am/ 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4026
Date Available:
09/21/2021
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 1,344,000
- Revenue:
- 1,344,000
- Annual Net Income:
- 800,000
- Inventory:
- Monthly Payroll:
- 16,000
Lease Information
- Base Rent:
- 17,000
- Lease Expires:
- 2026
- Lease Option:
- 3x5 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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