Recently Converted Into ACRO - September, 2011
Seller has been pre-approved by arco / am/pm to convert this valero gas station in 2011! Buyer only needs to gain city approval for an ABC license - and arco will then move forward with the conversion!
Currently a valero gas station. Includes a nice c-store and auto repair shop. Located on ''hard corner'' with great visibility, heavy drive by traffic and outstanding demographics between Montebello & Whittier. Located less than a mile away from a major freeway exit!
A very unique opportunity for an aggressive entrepreneur to buy low and see an excellent roi. If you choose not to ''flip'' the location to am/pm, you still have a wonderful business with a built in auto repair shop offering tune-ups, repairs and smog checks! Established & loyal client base acquired through 20 years of business and still growing. Complete mechanical & electrical service and or repair is provided for both foreign/domestic makes.
Shop has 3 bays 2 lifts and 1 smog machine. Facility has all necessary state-of-the-art equipment to repair/service all makes and models. Facility also includes a small mezzanine office for admin work.
Service provided includes all major types of auto repair, including smog, transmission, muffler, brakes, shocks, alignment, air conditioning, coolant system, heater repairs, timing belt, radiator, fuel pumps, alternator, starter and free towing with repair. Shop has access to reliable parts stores that deliver daily.
C-store is 450 sq. Ft. Auto repair shop 1100 sq. ft. Land 30,000 sq ft.
Location: Montebello / Whittier
Asking price: $2,349,995
Gross annual income: $3,300,000
Net annual income: $216,000
Owner since: 1998
Inventory: $30,000 (not included)
Employee: 5 - willing to stay
Check out: valerogasstations.com
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