Net $600K-Branded Gas Station for sale - Southern CA,California - Business for sale
20-year Los Angeles County station pumps revenue from gas sales, c-store, billboards, oil company land use, second building. Parallel to major freeway in very heavy traffic area. Seller owns all gas station equipment. Includes 2 land parcels. Great growth potential to expand revenue base. DETAILS: Profitable branded gas station for sale with 2 parcels of land, established 20 years ago in great Los Angeles County location (parallel to major freeway w/in very heavy traffic area. Seller owns land (16,000 SF): 2 parcels, 1 for business, 1 for other building with rental income from 2 tenants (C-Store + 2nd building = 1,900 SF total). Seller owns all gas station equipment, pays NO royalties for C-Store sales. Oil company responsible for maintenance + any remediation requirements. GAS STATION EQUIPMENT: 4 Tanks: 10,000-gal, double walled, fiberglass, 2000 retrofit, meet SB989 specs. 4 Pumps, 8 Nozzles. FINANCIAL: Ave Sales/Month: 170K-190K gal @ 14 cents/gal profit margin, C-Store $70K @ 40% profit margin. Rental income from billboards, oil company land use, office building. GREAT GROWTH POTENTIAL TO EXPAND REVENUE BASE: expand c-store, add hand car wash, or build fast-food operation. Asking $5.5MM, for annual sales close to $6MM, and Seller's Discretionary Cash Flow close to $600K. FOR MORE INFO: Download & fax confidential agreement to 949-266-8495: http://www.crossroadsbusiness.com/NDA%20and%20Financial%20Form.pdf Proof of funds required before address & memorandum rele
Southern CA, California
Date posted: 4/3/2007
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