This is an extremely profitable ARCO gas station located in the San Fernando Valley. There are hundreds of well established retail business and restaurants surrounding the station. Schools and commercials are also in the proximity! The facility is huge located at a hard corner of two main artery streets. Lot size about 20,000 square feet.
It is NO exaggeration when we call this station a GOLD MINE. Seller is bringing in close to $100K revenue every month! Seller actually owns many gas stations, but he prefers to own the land. Therefore this one is not his favorite.
Has four tenants running 4 independent businesses on the property at the same time! That is why this one is a Gold Mine! Currently has 5 dispensers and 10 pumps, but there are plenty of space for additional pumps.
Make no mistake! This one is for sale NOT because it is not making money. Seller is selling because he cannot buy the land! For those who wish to purchase an extremely profitable ARCO in the SFV area but do not have $4M capital to purchase the business plus land - THIS IS THE PERFECT BUSINESS FOR YOU!
Location: San Fernando Valley, CA
Asking Price: $1,499,900
Annual Gross: $10,800,000
Annual Net: $250,000
Real Estate: $2.5M [estimated and not for sale]
Owner Since: 1997
Reason For Sale: Land owner will not sell the real estate
Seller Finance: Yes
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PLEASE NOTE: Serious Buyers Only! Because of our unique marketing arrangement with the Seller, this property is available to review by Exclusive Representation
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