November 22, 2009
 
 
Shell Gas Station, C-Store, Real Estate  •  $999,999

Location: Sacramento
Seller: Gurpreet Randhawa
Phone: 510-364-8974 Cell
 
 
About This Business
BizBen Ad #: 144623
Status: Available
Start Date: 11/3/09
Last Revised: 12/31/69
Location: Sacramento
County: Sacramento
City: Folsom
Contact Information
Seller or Contact: Gurpreet Randhawa
Primary Phone: 510-364-8974 Cell
Alternate Phone: Not Provided
Email: keyestates@gmail.com
 
 
Financial Information
Asking Price: $999,999
Down Payment: $300,000
Annual Cash Flow: $168,100
Annual Revenue: $2,233,550
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: Yes
Broker To Broker Cooperation: Call
 
 
Business Summary
Completely Upgraded Shell Station With Property - All (Evr) Enviromental Upgrades Done In Jan - Feb 2009.

3 Mpd's (6 Total Pumping Locations)
Monthly Gross Profit Is Approximately 20,000 - 25,000

From Tax Returns:

2008 Net Income Is 161,162 (Actual)
Sold Approx. 663,000 Gallons In 2008 At Net Of 13 Cents/Gallon.
Sold Approx. 485,000 Inside Store At Gross Margin Of 40%

2009 Income
Currently Doing Approx. 41,000 Gallons Per Month At Net Of 15 Cents/Gallon
Selling Approx. 40,000 At Gross Margin Of 40% Inside Store

All Utilities Per Month ~ 1400 (Including Phone, Electricity, Garbage, Water Etc.)
Payroll ~ 1500 (Does Not Include Owner Draws)
Insurance ~ 500 Per Month

Shell Fuel Supply Contract Was Signed In Jan 2008 For 10 Years
Evr Upgrade Was Done In Jan - Feb Of 2009

Store Is Open From 7 AM Till 11 Pm

Sba Loan Is Approved For Buyer With 20% Down Payment And Acceptable Credit. Based On Current Rates, Loan Payment Will Be Approximately 5100/Mth

Price Includes Business And Real Estate.

Motivated Seller - Make Offer.