Business Summary:
This long established major brand gas station is located in an affluent South Bay neighborhood. It has averaged gasoline sales of 143,000 gallons a month this year with an average margin of 22 cents. Last year the C-store did $22K a month, the shop over $35K a month and there were $6K per month in propane sales. The real estate is being sold with the station. The lot has over 23,500 square feet and the building has 1,150 sq ft with a three bay repair shop and a small C-store. The assessed value of the property in 2010 was nearly $1.5MM. There are two 12,000 gallon double walled fiberglass tanks. The business has a gasoline supply agreement that goes until 11-30-20. The business and real estate have been pre-approved for SBA financing.
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