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Gas Station

  • Status: Available
  • Price: $1,200,000

Lee Faed

License No:
DRE #01909309
Email:
LeeF@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4058
  • Status: Available
  • Area: Contra Costa
  • 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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