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Gas Station, Real Estate For Sale - Downey, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: Downey
County: Orange
City: Downey
Contact Broker:  George Massalas
Primary Phone:  800-727-2100 X202
Alternate Phone:  None Given
DRE Number:  01852885
Email Address:  Email Advertiser
Date Started:  4/2/12
Date Last Revised:   4/2/12
BizBen Ad #:  176317
 
 
Financial Information Detailed Information
 
Price:      $1,850,000
Down:      $850,000
Revenue:      $275,000
Adj. Net:      $106,000
Relocatable:      No
Home Based:      No
Real Estate Included:      Yes
Bkr To Bkr Coop:      Yes
Franchise:      Yes
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Downey Gas Station, Real Estate Business For Sale:

This ARCO station is situated on a hard corner and on a high traffic street in the city of Downey. Surrounded by plenty of retail businesses including three national brand Burger & Pizza restaurants and is only steps away from a brand new medical facility. All these businesses are bringing very steady flow of customers to this station! Plans to build one of the largest movie theater less than a � mile from the gas station is set to start construction this July 2012.

The gas station also has a 300 sq. feet Convenience Store and 3-Bay Auto Mechanic Shop approximately 1400 sq. feet. Station now has Five dispensers and Ten pumps. Lot size is about 16,000 sq. feet total.

It is currently pumping 120,000 gallons/month at 0.05 - 0.10 per gallon as profit margin each month.

Location: Downey, CA
Asking Price: 1,850,000
Annual Gross: 275,000
Annual Net: 106,000
Year Established:
FF&E: 1,100,000 [Land Included]
Real Estate: 900,000 [Included in Asking Price]
Inventory: approx. 37,500 [Not Included in Asking Price]

Owner Since: 2007
Employees: 6 (part time)

Reasons For Sale: Retirement.

CONFIDENTIAL SALE!

Call George Massalas (Broker) at 800-727-2100 X202  (Please Mention You Saw This Ad On BizBen) About This Gas Station, Real Estate Business Opportunity For Sale in Downey.


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