Owner Financing is Available!
Business Overview:
This ARCO station is situated on a hard corner and on a high traffic street in the city of Downey. Surrounded by plenty of retail businesses including three national brand Burger & Pizza restaurants and is only steps away from a brand new medical facility. All these businesses are bringing very steady flow of customers to this station! Plans to build one of the largest movie theater less than a ¼ mile from the gas station is set to start construction this July 2012.
The gas station also has a 300 sq. feet Convenience Store and 3-Bay Auto Mechanic Shop approximately 1400 sq. feet. Station now has Five dispensers and Ten pumps. Lot size is about 16,000 sq. feet total.
It is currently pumping 120,000 gallons/month at $0.05 - $0.10 per gallon as profit margin each month.
Location: Downey, CA
Asking Price: $1,850,000
Annual Gross: $275,000
Annual Net: $106,000
FF&E: $1,100,000 [Land Included]
Real Estate: $900,000 [Included in Asking Price]
Inventory: approx. $37,500 [Not Included in Asking Price]
PLEASE NOTE: Serious Buyers Only! Because of our unique marketing arrangement with the Seller, this property is available to review by Exclusive Representation ONLY: https://rightsignature.com/documents/JA7DCAJY9LLASPK2P72NYY
Call Or Email Our Office Today For Complete Details!
BIZ Builder.com, Inc.
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 gas station also has a 300 sq. feet Convenience Store and 3-Bay Auto Mechanic Shop approximately 1,400 sq. feet. Station now has Five dispensers and Ten pumps. Lot size is about 16,000 sq. feet total.
Owner Since: 2007
Employees: 6 (part time)
Reasons For Sale: Retirement.
CONFIDENTIAL SALE!
Visit website – www.arcoampm4sale.com
Market Competition and Expansion:
Plans to build one of the largest movie theater less than a ¼ mile from the gas station is set to start construction this July 2012.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: