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For Sale: Gas Station, Diesel, General Store - Eastern Sierras, Mono County

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Current Status: Active     Posting #: 252420     Last Refreshed: 5/21/19     BRE License #: 00904352    
Contact: James Wells At 951-314-7943 , 909-372-1151  -  Also Email This Contact Below
Price:  $1,595,000     Down:  $445,000     Adjusted Net:  $300,000     Revenue:  $2,103,000    
Attributes:  Home Based, Semi-Absentee Run, Lifestyle, Training & Support, Asset Sale     Cooperation With Brokers?  Yes

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For Best Results & Response, Email & Phone This Contact: James Wells at 951-314-7943 and 909-372-1151.

  Description About This Posting: Gas Station, Diesel, General Store
Major gas & diesel with General Store, all RE leasehold improvements & 2 large mobile homes, Eastern Sierras. $1,595,000. + approximately $80,000 resale fuel & store inventories. $445,000 cash down. Nets $300,000 per year. Approximately $2,740 mo NNN lease to US Forest Service, 20 year term, for 5.5 acres land - buyer must qualify for new 20-year lease.

Good opportunity & space to expand the business in great Eastern Sierras recreational area.

1,560 sq ft general store + 1,700 sq ft attached auxiliary bldg for store expansion or living quarters = total 3,260 sq/ft RE leasehold improvements.

3 fuel islands, 6 MPD nozzles + 2 diesel nozzles. All w/ card readers. 21K gal. dbl-wall UST's with electronic monitoring. Clean site. No contamination.

Has ABC license - off-sale beer & wine.

Includes: 2,050 sq/ft, dbl-wide, MH w/ 3 bdrms, 2 ba, den - $1,700 mo. rent value - now sellers' part-time res. 1,850 sq/ft, dbl-wide MH, w/ 3 bdrms, 2 ba. - $1,300 mo. rent value - now manager's res. 29' travel trailer - employee housing. Plus skid loader, storage trailer, quads & other trailers.

Operates May-October, 6am-9pm; November-April, 7am-6pm.

$9,200 mo. payroll includes manager who also gets 1,850 sq ft MH residence.

Approximate monthly sales & profits: 32,400 gal. gas & diesel @ 88c gal. pool margin. $42,000 store sales @ 54% GP. Annual GP $614,000. Annual net cash flow $300,000.

Requires approximately $445,000 cash down payment plus qualifying for approximately $1,310,000 SBA or conventional financing, 5.5% VIR, 10 year amortized term, $14,217 mo. payment. Investment includes approximately: $1,595,000 for business, RE improvements, 2 MH's, trailer, other equipment/furnishings. $80,000 resale fuel & store inventories @ cost. $55,000 SBA lender fees, transaction costs, licenses/permits. $25,000 working capital.

With proper management, per seller's recent 2018 & 2017 modus operandi, $445,000 cash could be recovered in approximately 3.1 years with approximately $10,783 average monthly. net cash flow, after debt service.

To get more information about this Gas Station, Diesel, General Store business for sale in Eastern Sierras, Mono County please phone James Wells (Agent - BRE License #:00904352) at 951-314-7943 and 909-372-1151 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252420 on BizBen.com. In addition to phoning James Wells, make sure you email James Wells above to get more info about this Gas Station, Diesel, General Store, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

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