James Wells's Business Postings

Corona, California
MAJOR BRAND, FUEL & MKT
$ 2,850,000
CF : $ 450,000
Excellent major oil brand fuel station with "C" store. Busy fwy exit, surrounded by retail & offices. Business only being sold. Land owned by major real estate investment company & is not for sale. Land improvements owned by major oil company. Oil company master lease with land owner expires in 10.5 years. Dealer lease with oil company renews every 3 years per Fed. PMPA. Dealer pays oil company apprx. $23,300 per month for lease, property taxes, & maintenance. Family ownership since 1996. Has ABC general (21) license. Operates 24/7. Mkt apprx 1,800 sq/ft. Lot apprx. .54 acre. 12 MPD's on 2 islands plus 4 diesel dispensers. 3 10 gal. UST's. Fuel sales apprx. 100,000 gal/mo. @ 84c gal. Mkt. sales apprx. $85,000 per mo. plus $29,000 per mo. lotto/lottery sales. Other income $3,000 per mo.--ATM, rebates, rewards. Monthly payroll & tax apprx. $28,000. Annual net cash flow apprx. $450,000. Data from reliable sources, but not guaranteed.
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