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Business For Sale

Convenience Store with Gas in Monterey Area

Monterey County, CA

Food & Beverage: Conv & Food Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$299,000
$1,037,000
$64,000
$64,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1940
3
7569931
Owner Financing is Available!
$300,000 down $75,000 owner financing at 7% for 36 months

Business Overview:

This is a convenience store & gas station on a very busy main street just a few blocks from the bay. Nearby are a grand hotel, several motels, and a major tourist destination. The station is branded independent with few competitors around. The business has a type 20 Off-sale Wine & Beer license and also sells snacks, chips, soda & beer & wine, hardware tools, and auto parts. Sales are also made to visitors and tourists- from flip flops to sand pails. The mini-mart inventory, not included in the sales price is approximately $55,000.The building is 2,385 Square Feet on a 0.49 acre lot. There is a 13-door beverage walk-in cooler and a spacious office. The business is owner operated in the daytime with an employee covering evening shift and weekends. In 2010, revenue averaged $36,000 per month for the mini-mart. The gas station has 1 island, 2 multi-fuel dispensers, & two 7,500 gallon underground tanks. All the equipment has been updated to meet current EVR codes. Rent is $3,627 per month plusNNN. There is an option to buy the real estate. Here is a chance to work and play in one of the most beautiful coastal locations.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The building is 2,385 Square Feet on a 0.49 acre lot. There is a 13-door beverage walk-in cooler & a spacious office. Gas station has 1 island, 2 multi-fuel dispensers, & two 7,500 gallon underground tanks. All the equipment has been updated to meet current EVR codes. Lease $3,627 per Month Expires 12/31/2016 10 year option.

Reason for Selling:

pursue other enterprise

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: