Excellent 0pportunity to own a highly profitable Independent Gas Station at a major intersection in an upscale and popular business and residential Bay location. Average monthly sales are over 100,000 gallons Gas and current Mini-Mart and Propane sales are $6,400. This 24 Hours Gas Station has 3 islands with 3 Pumps and 6 Dispensing facilities. There are 3 underground tanks of 2X10, 000 & 1X12,000 gallons capacity. TLS-350 Monitoring System for leaks, carbon canister for vapor filtration, intercom for customers, security cameras, Harbor touch POS system, electronic safe, Ruby cash register, propane cylinder cages, required permits etc. New lease for 3 years with one renewal option.
12 Months June 2011-May 2012 Sales $4.89 Million and SDE $222,800
The lot size is 9,748 sq. ft. with a building which includes the office for the cashier, cigarettes and snacks sales and separate tenants for Computer Services, Car Wash, Body Shop & Smog Test. Parking provided to Zip Car and City Car Share on rent which also promotes gas sales. Seller will consider the Gas Station sale with the Real Estate sale at 3.8 million. The annual property revenue is 296,796 which includes the rent & NNN of 129,996 from the Gas Station.
Good prospects for substantially increasing the gas sales business as the Seller is devoting most of his time to other business interests and is therefore highly motivated to conclude this sale.