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Kern County, California
Asking Price
$10,000,000
Revenue
Call/Email
Down
20-25%
Cash Flow
Call/Email
Name: Taj Randhawa
Phone: Show phone number
Name
Taj Randhawa
Phone
Show phone number
Posting ID:
289020
Attributes:
Real Estate Included
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Crescent City, California
Gas Station And Mart - With Real Estate, Patriot
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MS Real Estate Inc. is excited to offer a unique opportunity to own a well-established gas station and convenience store in Crescent City, California. This Patriot-branded facility has been a cornerstone of the community, operating successfully under the same dedicated ownership for the past 10 years. The business comes with a Type-20 Liquor License, permitting the sale of beer and wine. This valuable asset enhances the store's appeal as a high-volume convenience store, attracting a broader customer base and offering significant potential for increased revenue. The current owners have made numerous upgrades, including new flooring, counters, cash registers, pumps, an LED sign, and a canopy, ensuring the facility is in excellent condition. The gas pumps and underground tanks have been meticulously maintained and comply with all Environmental Health Board regulations, providing potential buyers with confidence and peace of mind. Additionally, there is substantial potential for growth and expansion, with opportunities to add extra services or products to boost revenue further. Principals Only ! Listing Details: * Building Square feet: 1176 with 7405 square feet corner lot. * Two double-wall tanks, 10,000 gallons each, were installed in 2005. * Two dispensers with four (4) pumps | Pumps upgraded 4 years ago. * Employees: 3 Full Time (32+ hours a week) 2 Part Time.. * Hours- 5 am to 12 am, 7 days a week * Inventory around $150k not included in the asking price. Revenue: * 2024- $130,000 monthly inside sale without lottery | Lottery sale is around $13000 monthly. The gas gallon sells for around 16k plus per month, with a profit margin of $1.00 for each gallon sold. * 2023-2,795,608.52 | 2022-3,338,489.320 | 2021-3,042,751.20 Financing: Financing: All Cash and bank financing is possible. The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.
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CF : $ 4,800
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$ 4,600,000
CF : $ 800,000
Northern California Absentee Owner Environmental Testing Company - Recession Proof! - SC2199 Financial Information Asking Price: $4,600,000 Cash Flow: $800,000 Gross Revenue: $9,000,000 Down Payment: $4,600,000 This Northern Californian Absentee Owned Environmental Testing Company is a California Sub-Chapter S Corporation that was founded 14 years ago and has been under current ownership ever since. Structured currently as an absentee owned enterprise, this company specializes in Field Compliance verifications, home performance rebates, energy assessments and permit pulling services with the goal of providing quality in-home inspection services. They are one of the leading providers for the Home Energy Rating System (HERS) program in California. Why is this business Recession Proof? HERS testing is mandatory for all newly constructed buildings and is prescriptively required for most Heating Ventilation Air Conditioning (HVAC) alterations, including replacement of HVAC units. This company focuses mostly on the residential replacement market, and there are HUGE opportunities for growth in the new construction and commercial HVAC markets. They currently service Northern California but also have a presence in Southern California. What makes this company so special? They have developed an in-house proprietary all-encompassing management platform tailored to the needs of contractors withing the residential and commercial HVAC, Plumbing, Electrical, Solar and home performance sectors. With their innovative suite of features, this software empowers businesses to streamline their operations, optimize workflow, and improve compliance with industry standards. Business Location City: Northern California State: California Reason for Sale The reason for selling is the Seller would like to pursue other interests. Detailed information Year Established: 2011 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 46 Part-Time Employees: 1 Contractors: N/A Owner Worked Hours/w: 2 Adjusted EBITDA: $250,000 Inventory Included: No Inventory Value: N/A Monthly Rent: $5,000 Real Estate Available: Yes Real Estate Included: No Real Estate Value: On request Building Size: 10000 FF&E Included?: Yes FF&E Value: $500,000 Training/Support The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller. Market Outlook/Competition Growth and expansion can be had by increasing their presence in Southern California to a larger geography (they have a small presence in Southern California), increasing focus on the new construction market and expand with satellite offices near major cities throughout California. There is also an opportunity to expand nationally. Real Estate Description They operate out of 10,000 square feet building that is owned by the Seller and can be available for purchase for an additional cost. They currently operate under a 20-year lease with a current rent of $5,000 per month. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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