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Gas Station & 7-Elevan

  • Status: Available
  • Price: $499,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 3870
  • Status: Available
  • Area: Contra Costa
  • Price: $499,000

Description

Seller claims gas station sales of 200,000 +/- gallon with 1.5 Cent net margin monthly. Mart sales is $135,000+/- monthly @34% to 38% markup. Inventory is not included in the asking price. There are 4 x MPD’s, 8 x fueling stations with canopy. This is a semi- Absentee owner operation with fully trained staffs with monthly labor $14,000. Owner works part time. The station was fully remodeled and upgraded in January 2021. The Mart has licenses for Beer/Wine, Tobacco, Lotto Lottery. Franchise fee and the inventories my be finance by 7-11 for the right buyer with a good credit. Lease will expire 2047 and the buyer will have 2 x 15 years options. Rent and most operating expenses are paid by 7-11. Buyer must be qualify by 7-11. Seller has health issue and reduced the price for quick Sale. Seller shows over $570,000 Gross Profit for the store.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased: 2017
Business Type: Gas Station
License(s) Required: Business, Health, ABC, Tobacco
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3870
Date Available: 06/08/2021
Reason For Sale: Health Issue

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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