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Businesses For Sale   >>   San Fernando Valley Businesses For Sale   

Union 76 Gas Station

Location  San Fernando Valley, California, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2450000
Net Profit / Cash Flow  $380000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1985
Number of Employees  4 - 5
Inventory  TBA
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will support during escrow.
Reason for Sale  Retirement.

Description  
Imagine owning a Union 76 Gas Station. Located on a Hard Corner in the San Fernando Valley. With an unbelievable $60/Month NNN Land Lease! Believe It Or Not - IT' S TRUE! 35 YEARS Remaining With Current Lease! So The Rent For This Property Will Never Exceed $720 For The Entire Year! This Gas Station Is Located On A Hard Corner Of Two Buys Main Road! Very high Visibility And Busy Traffic! Gas Station Also Has A Small Snack Shop Selling $15K Monthly. Auto Shop Has 3-Bay Mechanic Shop! Which Has Monthly Gross Sales Of $20K! New Buyer Would Consider Remodeling To A Brand New 76 Extra Mile C-Store! Important Note - Seller Has Just Spent $75K EVR System Upgrade! Brand New Equipment! Store Hour 7 Days A Week From 6am to 11pm! Price Reduction In July 2013! This Gas Station Is Located On A Hard Corner Of Two Buys Main Roads! Very High Visibility And Busy Traffic! Potential: Already Has Convenience Store Permit Confirmed! New Owner Can Build A Brand New C-store To Generate More Revenue! Also Sells Propane! Seller Has Just Spent $75K On The EVR System! Brand New Equipment! 35 Years Long Lease! Unbelievably Low Rent At $60 NNN Every Month! Location: San Fernando Valley, CA Asking Price: $1,429,995.00 [Just Reduced July 2013] Annual Gross: $2,450,000 Annual Net: $380,000 [Projection in 2013] FF&E: $199,000 Inventory: $23,000 [Not Included] Owner Since: 1985 Employees: 4 FT Reason for Sale: Retirement Currently Pumping 75,000 Gallons Each Month! Auto Shop Monthly Sales $20K! Snack Shop Sales $15K A Month!


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