Profile: Arco Am/Pm W/ Real Estate 3,250,000. Net 380K+.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
James Wells, Broker
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| Primary Phone: |
951-600-9707 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/6/08 |
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| Date Last Revised: |
11/7/08 |
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| BizBen Ad #: |
127033 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$3,250,000 |
| Down Payment: |
$1,300,000 |
| Annual Revenue: |
$15,580,000 |
| Annual Adjusted Net: |
$380,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
No |
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Description:
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Arco Am/Pm. Major Busy Corner. La-So. Pasadena Area. 3,250,000. Includes 2,200,000 Re\. 25,000 Equipment. 55,000 Healy Evr System Installed @ Seller Cost. 250,000 Arco Remodel-Retrofit Installed @ Seller Cost. 70,000 Prepaid 20-Year Am/Pm Franchise. .34 Acre Lot. 2,400 S/F Market. (Seller Is General Contactor & Civil Engineer.)
Super Busy Major Intersection. Arco Says Dealers With Remodel-Retrofit Have Increased Sales 20-25%. Market Gross Profit Can Be Increased To 36-37%. Am/Pm Franchise Expires In 2028; Renewable Per Fed Pmpa. Am/Pm Has 8.5% Market Sales Royalty & Advertising; No Royalty & Advertising On Fuel Sales. Has Abc Lic (Beer & Wine). Has Lotto/Lottery.
2008 Average Month Sales & Net: 281,513 Gal/Mo. @ 11c Pool Margin. Market Sales, W/O Lotto, 94,482 @ 34% Gp. Lotto & Other Income 2,200 Mo. Nets 31,663 Mo. Good Financial Records Support. All Sales Are Net After Sales Tax Is Deducted.
Sales Volume Has Increased Despite The Economy!
Requires Apprx. 1,300,000 Cash Downpayment For Business, Real Estate, Equipment,inventories, Fees, Transaction Costs, Working Capital. Also Good Credit & Sufficient Financial Strength To Secure Seller Loan For Apprx. 2,115,000., 30 Yr Amortization, 6.75%, 13,718 Mo. Payment.
Return Of 1,300,000 Cash Investment In Apprx. 6 Years With Apprx 17,945 Mo Net (31,663 Less 13,718 Loan Payment). Plus Great Tax Depreciation & Amortization Benefits!
8 Gas Noz. & Fueling Positions. 2 Islands. No Bays Or Auto Repair Service. 2 Quik Pay Cash Machines On Islands. 30K Underground Double-Wall Steel-Fiberglass Tanks. Underground System Has Electronic Monitoring & Meets All Current Code Requirements. Healy Evr System Being Installed @ Seller's Cost. Clean Site--No Contamination.
Mo Payroll Needed To Operate Is Apprx. 13,800 W/ 6 Full & Part-Time Employees & Owner Working At Site 40 Hrs. Per Week. Operates 24 Hrs, 7 Days. Computerized Fuel System (With Prepay), Cash Registers, Inventory Control & Accounting Systems, & Check-Out Scanners. Other Major Monthly Expenses: Arco Royalty & Advertising 8,196. Insurance, Supplies, Maintenance & Utilities 6,637. Miscellaneous 3,098. Estimated Property Taxes 2,000.
Summary Of Transaction Costs: Purchase Price 3,250,000. Fuel & Market Resale Inventories @ Cost Apprx. 80,000. Am/Pm Training (5 Weeks In So. Ca.--Good For 1 Or 2 Persons) 15,000. Arco Fuel & Royalty Deposits 40,000. Working Capital 30,000. Total 3,415,000.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
James Wells, Broker at 951-600-9707 |
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