Business Overview:
Contra Costa County. Liquor Store,Gas station, Food Market and Laundromat. Family owned business for over 20 years. Three full time employee's; Two part time employee's.
Absentee owner, operates another business within a couple of miles of this business. Gas Volume is about 25,000 to 30,000 gallons @ 0.20 to 0.24 cent pool margin: 87 Octane; 89 Octane; 91 Octane; Diesel Fuel.
Gross sales on the liquor/gas/market is about $2,500,000 annually plus the laundromat. Laundromat is about $25,000 to $26,000 yearly with net high profit.
Rent is $7,500 monthly, triple net lease. Landlord will grant new tenant a 10 year lease. First 5 years flat $7,500 monthly rent plus triple net. Second 5 years will be CPI increase not to exceed 3 % rent increase plus triple net.
A lot of fixture and equipment are included in this sale. Seller is finalizing the fixture and equipment list, so many items.
Disclaimer: The information has been supplied to the broker by the Seller. Business brokers of California expressly disclaims any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. Business brokers of California believes the information to be correct but has not verified or checked it. Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation by the buyer.
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:
Free station building with 2 MPD gas pumps, fuel tank is above ground. Large lot, rent only $7,000 month, triple net lease. Landlord will grant new tenant a 10 year lease. First 5 years flat $7,500 monthly rent plus triple net. Second 5 years will be CPI increase not to exceed 3% rent increase plus triple net.
Reason for Selling:
Other business investments
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: