76 Gas Station For Sale - West Covina, California
Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| Location: |
West Covina |
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| County: |
Los Angeles |
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| City: |
West Covina |
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| Contact Agent: |
Shawn Salehian
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| Primary Phone: |
818-378-6050 |
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| Alternate Phone: |
310-666-2246 |
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| DRE Number: |
None Given |
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| Email Address: |
Email Advertiser |
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| Date Started: |
5/7/12 |
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| Date Last Revised: |
5/7/12 |
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| BizBen Ad #: |
176232 |
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| Financial Information |
Detailed Information |
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| Price: |
$2,295,000 |
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| Down: |
$750,000 |
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| Revenue: |
Call/Email |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
Yes |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This West Covina 76 Gas Station Business For Sale:
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76 gas station with market and 4 pumps, the market recently improved, with 5 bays mechanic shop, on a 28,145 sqft land, the owner has plan to convert the bays to 5 individual retail store, up side potential to increase the rent if converted to five retail stores, at the moment generate annual income of 192,000, (mechanic shop rent is 8,000 and gas station rent is 7,000 per month).
The mechanic shop tenant is on month to month and the gas station tenant has 4 years of the lease remaining with 5 years of option. The Gas Station Owner may also sell the business at a reasonable price.
Actual Net Operating Income from rent only. 192,000
Building Size: 4,404 SF Price/SF: 454.13 Property Type: Retail Property Sub-type: Service/Gas Station Property Use Type: Net Lease Investment with 5 years left on lease Cap Rate: 9.60% Tenancy: Multiple Lot Size: 0.65 AC
This gas station pumps 70,000+/- gallon with pull margin of 15 to 22 cent per gallon. Also the in store market sales are around $25,000+/- per month on profit margin of 38%.
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Call Shawn Salehian (Agent) at 818-378-6050 or 310-666-2246 (Please Mention You Saw This Ad On BizBen)
About This 76 Gas Station Business Opportunity For Sale in West Covina.
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76 Gas Station Business Opportunity For Sale, West Covina, California, CA | BizBen
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