$2,500,000
Texas Gas / Mobil
- Status: Sold
- 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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