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Gas Station With C Store

  • Status: Sold
  • Price: $2,100,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4037
  • Status: Sold
  • Area: Solano County
  • Price: $2,100,000

Description

Over $450,000 Net Income!

This is an independent Gas Station, C-Store  and with 3 x Bay Garage that is closed now and it can be rented or make the mart bigger. The owner closed the garage & spent over $60,000 to get a permits to make the Market bigger. At a present time the station does 165,000 gallons @0.40Cents margin and the Store does about $25,000 @35%. It opens (6 am-10 pm). Labor cost is $5,500/m and Rent is $6,500/m with 20 x years lease and option to buy the Land. The buyer has the option to buy the land and change the station to other brand name if they wish. Owner claims over $35,000 Net per month income.

Note; Arco has offered $700,000 to turn the station to ARCO!!!!

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Gas Station, C-Store and Garage
License(s) Required: Business, Health, ABC
Hours of Operation: 6 am- 10 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4037
Date Available: 10/12/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
Revenue:
Annual Net Income:
420,000
Inventory:
Monthly Payroll:
6,000

Lease Information

Base Rent:
6,500
Lease Expires:
2040
Lease Option:
NNN:

Financing Information

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

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