Franchise Gas Station - Absentee Owner - Alameda

Alameda

Active

$3,800,000

GasStation-RealProperty-Sacramento-Business-Brokers-4160_edited.jpg

Listing No:

4026

Status:

Active

Area:

Alameda

Price:

$3,800,000

This busy well known gas station is located in a lovely area, with 6 x pumps & 12 MPD, the owner claims 80,000 gallons of gas with a 0.70 Cents margin of profit per gallon.


Mart does an average of $160,000 per month with a 35% markup. His payroll is $16,000 a month ABSENTEE OWNER. Rent is $17,000/m, and the lease extends to 2026 plus 3 x 5 years options.  This Business as it is can bring owner operator over $800,000 Net. If a new buyer reduces the gas margin a little, the gas volume can hit over 200,000 gallons & Mart will do over $200,000 on a 2,400 sq.ft. space.


The asking price is $3,800,000. Proof of funds is required at $900,000 in cash.

Business Details

Ownership Type:

Corporation

License(s) Required:

Business, Health, ABC , Tobacco

Home Based:

No

Year Established:

Hours of Operation:

6.00 am- 12.00 am/ 7 x days a week

Broker to Broker CoOp:

Year Purchased:

Business Relocatable:

No

Date Available:

09/21/2021

Business Type:

Gas Station

Franchise:

Yes

Reason for Selling:

Other Interest

Business Financial Information

Annual Total:

1,976,000

Revenue:

1,976,000

Annual Net Income:

800,000

Inventory:

Monthly Payroll:

16,000

Base Rent:

17,000

Lease Expires:

2026

Lease Option:

3x5 years option

NNN:

Down Payment:

Owner Will Carry:

Other Finance:

Terms: