Well Located Gas Station And Convenience Store For Sale

Business description

Fantastic location! Recently fully upgraded independent, 24 years old Gas Station & Market is located in one of the most desirable & safe areas off Brand, near Universal Studios. It is situated in a strip mall on very heavy travel intersection off 2 major streets right next to 101 fwy, which offers great visibility.

Just re-opened 12 months ago, after a complete remodeling with 3 brand new underground tanks to comply with all of state of California's requirements, at the tune of 300K: (dwfq) with leak detection sensors.

This station has 2 bays, one with 4 brand new dispensaries for gas and 2nd dispensaries for diesel fuel (the only one in this area). Propane gas is also available. The gas station generates over 70K+/m in gross revenue with very comfortable (25c-30c) margins.

The Convenience Store is about 1,100 sf+ and grossing 25K-28K/mo, with high gross profit margins of 35-45% without b/w. The total monthly gross revenue is over 100K. This gas station has tremendous upside and potential to increase sales and revenues by bringing in: Beer & wine, California lottery, and check cashing business.

The gas station & convenience store hours of operation are only from 7am-10pm, 7 days a week, with 2 full time loyal, long term employees, and the owner working only 25 hours a week. The new owner can extend hours of operations.

The SDE (seller net profit) is over 155K+ Seller keeps good records to verify net income. Some financing from seller might be available to well qualified buyer. Seller is a landlord and will negotiate a brand new, very reasonable lease.

Must see to appreciate. Serious buyers only please.

Property information

Real Estate:

Lease

Location:

5,000 sq. ft. building

Premises details:

5000 sq ft, $7000.00

Size in square feet:

5,000

Business Operation

Reasons for selling:

Other interests

Trading hours:

Days: 7 Days, Hours: 7am - 10pm

Employees:

Full Time: 2, Part Time: 1

Years established:

24 years

Other information

Support & training:

Seller will provide training

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Downpayment Required: $300,000
Monthly Payroll: $3,000

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)