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Gas Station, C-Store, Real Estate For Sale - Rosamond, California

Ad/Listing Information
 
Status: Off The Market
Location: Kern County
County: Kern
City: Rosamond
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $1,750,000
Down:      $450,000
Revenue:      $8,900,000
Adj. Net:      $216,000
Relocatable:      No
Home Based:      No
Real Estate Included:      Yes
Bkr To Bkr Coop:      Call
Franchise:      Yes
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Kern County Gas Station, C-Store, Real Estate Business For Sale:

Chevron Gas W/ new ExtraMile Mini Market & RE On Major Blvdl @ Fwy Exit In So. Kern Co. Apprx. .56 Acre (24,448 S/F), 1,200 S/F Mkt. 8 Gas Noz., 2 Diesel Noz., Propane, 2 Isl., No Bays Or Auto Service. Has Abc License (Beer & Wine). Has Lottery-Lotto. Has propane. Has diesel. Market upgraded to ExtraMile Store in May 2010.

Motivated sellers! Present reasonable offers. At listed price, returns 450K down in 4.2 years after debt service.

Large Lot: Potential To Add Drive-Through Self-Serve Car Wash & Enlarge Market.

Chevron Image Upgrade, New Pumps & Evr System, & Chevron ExtraMile Store Remodel, recently Completed. Diesel & Propane Added In June 2009.

Asks 1,750,000, Including Apprx. 1,300,000 Real Property & Equipment, Chevron Contract Dealer Franchise Expiring In 2018 (Renewable Per Fed. Pmpa). Fuel & Market Resale Inventories Extra @ Cost--Apprx. 50,000.

Average 2010 Monthly Sales & Profits: Gas Gas & Diesel Fuel Sales Of Apprx. 133,000+ Gal @ 21c Per Gal. Pool Margin. Market Sales Of 47,000 @ 24% Gross Profit. Other Income--Lotto Commissions, Propane, Rebates apprx. 3,000 Net Mo. In June 2009, Added Diesel & Propane Sales. Average Mothly Net, apprx. 18,000+. New ExtraMile market--sales & profits increasing monthly.

Mo. Payroll/payroll tax Needed To Operate: Apprx. 8,750., W/ 4 Full & Part-Time Employees. Operates 24 Hrs, 7 Days. Computerized--Fuel System, Cash Registers, Inventory Control & Accounting Systems. 100% Self-Serve Fuel. 30K Capacity Underground Dbl-Wall Steel Fiberglass Tanks.

Requires Apprx. 450,000 Cash For Real Property, Business & Inventories Downpayment, Fees, Costs & Working Capital. Available SBA Or USDA Bank Loans: Apprx. 1,400,500, 25 Yr Term, Apprx. 6% Vir, Apprx. 9,020. Mo. Payment, Secured By Business & Real Property.

Return Of 450,000 Cash Investment In Apprx 4.2 Years, With Apprx. 8,980 (18,000 Less 9,020 Loan Payment) Month Net After Debt Service.

Out-Of-Area Owners Motivated & Open To Reasonable Offers. Good Financial Records & Tax Returns. Selling to dissolve partnership. Business increasing monthly.

AGENT INQUIRIES: Please include your name, DRE #, broker name, DRE #, address, phone, fax & e-mail. Otherwise, no response. Thanks.


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More Kern County Information For Buying & Selling Kern County Businesses


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