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Gas Station

  • Status: Available
  • Price: $3,800,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4026
  • Status: Available
  • Area: Contra Costa
  • Price: $3,800,000

Description

This busy well known Gas Station is located in a very nice area,  6 x pumps & 12 MPD owner claims 80,000 gallons of gas with 0.70 Cents margin of profit per gallon. Mart does an average of $160,000 per month with 35% mark up. His payroll is $16,000 a month ABSENTEE OWNER. Rent is $17,000/m, and lease is till 2026 plus 3 x 5 years options.  This Business as it is, can bring owner operator over $800,000 Net. If new buyer reduce his gas margin a little, the gas volume can hit over 200,000 gallons & Mart will do over $200,000 on a 2,400 sq.ft. space.

Asking price is $3,800,000. Need, proof of fund minimum $900,000 in cash as requirement.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Gas Station & Market
License(s) Required: Business, Health, ABC , Tobacco
Hours of Operation: 6.00 am- 12.00 am/ 7 x days a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4026
Date Available: 09/21/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
1,976,000
Revenue:
1,976,000
Annual Net Income:
800,000
Inventory:
Monthly Payroll:
16,000

Lease Information

Base Rent:
17,000
Lease Expires:
2026
Lease Option:
3x5 years option
NNN:

Financing Information

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

Contact Us

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