$2,500,000
Gas Station
- Status: Pending
- Price: $1,200,000
Description
This 1,500 sqft. Gas Station on a +/- 19,000sqft. lot that has been in business for more than 50 years and recently is being in the market for sale. Seller claims his mart does $53,000/m @ 35% margin, Mechanic shop and Proppian sale bring in total of $47,000/m. Lotto Commission is about $800/m and the station does 200,000 gallons@ 0.35 Cents margin. Hours of operation is 6.00am- 10.00pm very day of the week. Rent is $6,500/m plus NNN with 3% yearly adjustment. There are 3 x employees/ Tanks are Double walls. Size of the lost makes it possible for the new investors to make a Car Wash and a Fast Food Store to rent them out or run them himself to make more Revenue.
BUSINESS AND PROPERTY ARE BEING SOLD FOR $3,700,000.00
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Gas Station with Mart
License(s) Required:
Business, Health, ABC
Hours of Operation:
6am-10pm / 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4058
Date Available:
11/19/2021
Reason For Sale:
Financial Information
- Annual Total:
- 1,485,600
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 6,500
- Lease Expires:
- 2027
- Lease Option:
- 2 X 5 years option
- NNN:
- Plus
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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