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Texas Gas / Mobil

  • Status: Available
  • Price: $1,449,000

Lee Faed

License No:
DRE #01909309
Email:
LeeF@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 3821
  • Status: Available
  • Area: 19000
  • Price: $1,449,000

Description

This 1,288 sq.ft. gas station on a +/-14,000 sq.ft. lot is being in business more than 50 years ago and recently is being in the market for sale. Seller claims his the store does $20,000/m @ 35% margin, Mechanic shop does $12,000/m, Propane Sale is about $6,500/m, Lotto Commission is about $800/m and the station does $75,000 gallons @ 0.60 Cents Margin. Hours of operation is 6 am-10 pm 7 days a week. Rent is about $6,500/m with 3% yearly adjustment. There are 3 employees with $12,000/m payroll. Seller also claims his Annual Net is about $360,000. Tanks are Double wall.#3821

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased: 2017
Business Type: Gas Station, Mart, Mechanic Shop
License(s) Required: Business, Heath, ABC
Hours of Operation: 6.00 am- 10.00 pm/ 7 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp: No
Office Listing Number: 3821
Date Available: 11/29/2019
Reason For Sale:

Financial Information

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

Lease Information

Base Rent:
6500/m
Lease Expires:
2027
Lease Option:
2 x 5 years option
NNN:
Included

Financing Information

Down Payment:
$1,200,000
Owner Will Carry:
Other Finance:
Terms:

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