Profile: Chevron Gas, Mini Mart W/ RE On Major Blvd. @ Fwy Exit. 19,000 Net Per Month.
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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: |
951-314-7943 |
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| DRE Number: |
00904352 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/15/09 |
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| Date Last Revised: |
10/6/09 |
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| BizBen Ad #: |
129606 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$2,095,000 |
| Down Payment: |
$618,000 |
| Annual Revenue: |
$8,900,000 |
| Annual Adjusted Net: |
$234,600 |
| 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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Chevron Gas W/ 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. Market Being Upgraded To Extramile Store.
Large Lot: Potential To Add Drive-Through Self-Serve Car Wash & Enlarge Market.
Chevron Image Upgrade, New Pumps & Evr System, & Chevron Extra Mile Store Remodel, Being Completed @ Chevron & Seller Cost By Apprx. 10/31/2009. Diesel & Propane Added In June 2009.
Asks 2,095,000, Including Apprx. 1,700,000 Real Property & Equipment, Chevron Contract Dealer Franchise Expiring In 2018 (Renewable Per Fed. Pmpa). Fuel & Market Resale Inventories Extra @ Cost--Apprx. 50,000.
Average Jan.-Aug. 2009 Monthly Sales & Profits: Gas Gas & Diesel Fuel Sales Of Apprx. 139,787+ Gal @ 18.4c Per Gal. Pool Margin. Market Sales Of 46,239 @ 31% Gross Profit. Other Income--Lotto Commissions, Propane 1,028 Net Mo. In June 2009, Added Diesel & Propane Sales. 2009 Ytd Average Mothly Net, Jan.-Aug, Apprx. 19,550 Mo.
Mo. Payroll Needed To Operate: Apprx. 8,841., 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. 618,000 Cash For Real Property, Business & Inventories Downpayment, Fees, Costs & Working Capital. Available SBA Or USDA Bank Loans: Apprx. 1,572,000: 25 Yr Term, Apprx. 5.5-6% Vir, Apprx. 10,129. Mo. Payment Secured By Business & Real Property.
Return Of 618,000 Cash Investment In Apprx 5.5 Years, With Apprx. 9,421 (19,550 Less 10,129 Loan Payment) Month Net After Debt Service.
Out-Of-Area Owners Motivated & Open To Reasonable Offers. Good Financial Records & Tax Returns.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
James Wells, Broker at 951-600-9707 or 951-314-7943 |
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