Gas Station, C-Store For Sale - Milpitas, California
Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| Location: |
Milpitas |
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| County: |
Santa Clara |
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| City: |
Milpitas |
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| Contact Broker: |
Chuck Mondave
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| Primary Phone: |
408-836-8840 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email Advertiser |
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| Date Started: |
6/15/10 |
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| Date Last Revised: |
6/15/10 |
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| BizBen Ad #: |
146658 |
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| Financial Information |
Detailed Information |
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| Price: |
$175,000 |
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| Down: |
$175,000 |
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| Revenue: |
$1,000,000 |
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| Adj. Net: |
$42,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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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 Milpitas Gas Station, C-Store Business For Sale:
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Volume is about 360,000 gallons per year.
Gas sales of about 1,000,000 per year.
Profit per gallon of about 0.25.
PGE about 450/mon.
Water about 50/mon.
Net income is 42,000 per year.
Major discount in rent first 2 years: 3,500 plus NNN for first two years. Rent to adjust to 6,500 in year 3.
This Is Near New Construction In Milpitas. Station currently only accepts cash purchase. New owner could expand business significantly with credit card transactions. Tanks replaced 16 years ago with double covered, fiberglass. Station has 4 pumps. Phase I repairs completed. This is a 43.5k savings to the buyer. Station is not required to have phase II or III work completed. One bay is rented for 350/mon and the other two could be subleased for similar amounts. The three bays cannot be used for repairs without significant modification. Buyer to pay for inventory of gas in tanks at the close of escrow based on the wholesale price paid by seller.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
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Call Chuck Mondave Broker at 408-836-8840 (Please Mention You Saw This Ad On BizBen)
About This Gas Station, C-Store Business Opportunity For Sale in Milpitas.
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Gas Station Business For Sale Photos
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