Owner Financing is Available!
Business Overview:
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.
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:
Real Estate License ID: 01843102
Reason for Selling:
Other Interests
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: