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Arco AMPM, Car Wash, Real Estate For Sale - Riverside, California

Ad/Listing Information
 
Status: Off The Market
Location: Riverside
County: Riverside
City: Riverside
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $2,495,000
Down:      $687,000
Revenue:      $8,045,000
Adj. Net:      $431,808
Relocatable:      No
Home Based:      No
Real Estate Included:      Yes
Bkr To Bkr Coop:      No
Franchise:      Yes
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Riverside Arco AMPM, Car Wash, Real Estate Business For Sale:

Arco Am/Pm. Major Fwy Exit. Area Of Fwy 60 & I-15, Riverside Co. 2,495,000. Includes 1,800,000 RE Improvements, 50,000 Equipment. Recently remodeled & updated..

Recover 687,000 cash investment in 2.48 years with 23,123 mo. net after debt service!! Price includes everything but the dirt.

1.22 Acre Lot (53,143 S/F). Land Lease Has 33 Years Remaining. Expires in 2043. Mo. Rent 9,481nnn. 2,800 S/F Mkt. Self-Serve Car Wash & vacuums.

Super Fwy Exit Location. Can Add Fast Food, propane, & diesel.

Great upside potential for increased sales & profitability as surrounding industry re-builds & employment expands as we slowly emerge from recession. (Market did over 150,000 in sales pre-recession.)

Am/Pm Franchise Expires In 2021. Renewable Per Fed. Pmpa. Am/Pm Has net 8.5% Market Sales Royalty & Advertising; No Royalty Or Advertising On Fuel Sales or car wash. Has Ca ABC Lic. (Beer & Wine). Also Lotto/Lottery.

Average 2011 9-months Month Sales & Net: 189,278 Gal/Mo. @ 15.9c Gallon Pool Margin. Market Sales 129,709, W/O Lotto, @ 37.2% Gp. Car Wash & Other Income 6,094Mo. Nets 35,984+ Mo. Good Financial Records Support. All Sales Are Net After Sales Tax Is Deducted.

Requires Apprx. 687,000 Cash Downpayment For Business, RE Improvements (Everything But The Dirt), Inventories, Fees, Transaction & Lender Costs, Working Capital. Also Good Credit & Sufficient Financial Strength to secure bank & seller loans For Apprx 1,996,000, 25 Yr Amortized Payment, 6.00% (Wsjp + 2.75%), 12,861 Initial Mo. Payment.

No Arco Deed Restrictions Or Repurchase Options--This Business & RE Improvements Will Qualify For SBA Financing. (Current Seller Loan Is SBA Loan.)

Return Of 687,000 Cash Investment In Apprx 2.48 Years With Apprx 23,123 Mo Net (35,984 Less 12,861 Loan Payment) after debt service. Plus Great Tax Depreciation & Amortization Benefits!

8 Gas Noz. & Fueling Positions. 2 Islands. No Bays Or Auto Repair Service. 4 Quik Pay Cash Machines On Islands. 36K Underground Double-Wall Steel Fiberglass Tanks. Underground System Has Electronic Monitoring & Meets All Current Code Requirements. Has Healy Evr System. Diesel, propane & QSR can be added.

Mo. Payroll Needed To Operate Is Apprx. 15,285, W/ 7 Full & Part-Time Employees & manager. Operates 24 Hrs, 7 Days. Computerized Fuel System (With Prepay), Cash Registers, Inventory Control & Accounting Systems, & Check-Out Scanners. Other Major Monthly Expenses: Land Lease 9,481,NNN. Arco Royalty & Advertising 10,427. Insurance, Supplies, Maintenance & Utilities 9,671. Miscellaneous, taxes, licenses 3,503. Has new BP Retalix software, registers, accounting & inventory system.

Summary Of Transaction Costs: Purchase Price 2,495,000. Fuel & Market Resale Inventories @ Cost Apprx. 90,000. Am/Pm Training (5 Weeks In So Ca--Good For 1 Or 2 Persons) 15,000. Arco Fuel & Royalty Deposits 13,000. Working Capital 30,000. Transaction & lender costs apprx. 40,000. Total 2,683,000.


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More Riverside County Information For Buying & Selling Riverside County Businesses


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Riverside County Franchise Resales - Established Franchise Resales For Sale
Riverside County New Business Opportunities - Opportunities, Licensing Ventures

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