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Advert Ref: 11787SFV

Gas Station For Sale

Details: Asking price:$1,700,000; Sales revenue:$1m < 5m; Net profit:$250k < 500k; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: ARCO approved Independent gas station with Real Estate – (to become ARCO, owner will have to pay $50,000 to Atlantic Richfield) – ARCO says that the station will sell 200-250,000 gallons per day with a profit of 7-10 cents. The lot is 18,000 square foot with a building that is 1200 sq. ft. At this time, the mechanic shop has been converted to a Food Store, but there is space for a mechanic shop and a Car Wash. There actually are 7 parking spots. The Station comes with two fiberglass double-wall 8000 gallons tanks that only are 10 years old. There are 4 pumps, that means 8 nozzles. Of late the store was making about $500 per day, but becoming ARCO will increase that, we think. A loan on the land already in place of $368,000 at 8% can be assumed by the buyer. The price is 1.7 M for the business and real estate. Consider that the business will bring about $25,000 per month and more if you put a car wash and a mechanic shop.