Shell Gas Station / Snack Shop / Car Wash For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $7000000
Net Profit / Cash Flow $180000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1983
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will train buyer on-site before close of escrow. Buyer also would have to attend and pass shell's 2-week training program.
Reason for Sale Seller has been in petroleum industry for over 20 years and is retiring.
Description Shell gas station with snack shop and car wash - business only. No direct competition! Seller will offer a 30-year lease at 17,000 dollars per month, triple net. First 10 years rent fixed and only 2% bumps starting in year 11.
Asking price of 650,000 dollars - preferably with an all-cash-buyer. Lot size is 22,220 square feet; snack shop is 560 square feet. All new tanks, lines and dispensers were installed in 2005.
2007 average monthly gallons sold: 187,272 gallons at a 12.3 cent pool margin. 2007 average monthly snack shop sales: 31,454 dollars (this figure does not include lotto/lottery sales). 2007 average monthly car wash sales: 17,273 dollars. Monthly gross profit: 53,464 dollars.
Seller is an absentee operator. Annual net operating income after rent/expenses is approximately 180,000 dollars. Station offers the following: Gas, diesel, car wash, beer and wine and lotto/lottery.
Please Reply To This Ad Via Email With Contact Information So That We May Send Confidentiality Agreement And Buyer Pre-Qualification Form To You. Address And Financials Will Not Be Provided Until These Forms Are Returned Via Fax To (714) 364-0323. Thank You For Your Cooperation.
Click Here To Contact Seller
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