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Gas Station w/ Property

  • Status: Available
  • Price: $7,777,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6459
  • Status: Available
  • Area: Los Angeles County
  • Price: $7,777,000

Description

Key Highlights:

Prime Location: Strategically positioned off the 57 Freeway with convenient
access to I-10 via Via Verde, boasting a captive market with no competition within a 2-mile radius.

Thriving Business: Over the past 3 years (2021-2023), the property has consistently generated impressive monthly revenues:

Gross Profit: $89,000

C Store Sales: $78,000 at a remarkable 35% margin
Fuel Sales: 77,500 gallons at $0.61 per gallon

Lotto Sales: $27,000

 Additional Income Potential: The property features a mechanic bay that
could be rented out for an additional $5,000 to $6,000 per month, offering further revenue streams.

Ample Amenities: Situated near Bonelli Park and Raging Waters, attracting both local residents and tourists to the area.

Property Specifications: The property comprises a spacious 3,308 sq ft
building set on a generous 35,000 sq ft lot, providing ample space for business operations and potential expansion.

Modern Infrastructure: Equipped with 6 Gilbarco dispensers (only 5 years old), featuring 12 gasoline and 4 renewable diesel positions, alongside 3 double- wall USTs (2 x 12,000-gallon gas and 1 x 10,000-gallon renewable diesel).

Licensing and Contracts: Includes a valuable Beer & Wine License, with a 76
Contract in place until July 31st, 2029, ensuring stability and revenue continuity.

Confidentiality Notice: To safeguard the integrity of this transaction, please refrain from engaging with personnel at the location. Kindly provide a signed Non-Disclosure Agreement (NDA) and Proof of Funds to access further information. Serious Inquiries Only. Contact Us Today for More Details!

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Gas Station
License(s) Required: Business, Abc
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6459
Date Available: 03/08/2024
Reason For Sale:

Financial Information

Annual Total:
89,000
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:

Contact Us

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