Posting Details

Mobil Gas Station, Mart For Sale - Orange County

Mobil gas & mart. Orange County. $650,000. Adjusted net $154,000.

Must Have Fuel Station Ownership or Work Experience - Preferably Circle-K / Mobil Experience - To Buy This Station.

Circle K ground lease expires 2047, including 2 5-year options. Dealer lease to Circle K: $14,777/month rent + $697 Property Tax = Total: $15,474 monthly to Circle K. Dealer 3-year lease with Circle K to 10/31/2020. Renews every 3 years per Fed. PMPA (Petroleum Marketing Practices Act). Seller has operated continually under this arrangement since 1989.

Approximately 20,650 sq. ft. lot. Small market. Off-sale beer & wine license. Has propane. Has lotto/lottery.

Potential for car wash, add diesel, build larger market.

125,000 gal/mo. @ 35 cents gallon. $24,000 mart @ 14% GP. Plus lotto, ATM, & propane income $1,450/month. Monthly GP $48,050. Monthly net cash flow about $12,800.

3 dbl-wall ust's with 32K gal capacity. 3 islands. 10 MPD's. Electronic monitoring. Clean site. Circle K owns & is responsible for maintenance of underground UST's & fuel system. Dealer owns & is responsible for replacement & maintenance of hoses & nozzles.

Open 24/7. Monthly payroll & tax approximately $8,000. 8 part-time employees.

Investment needs include approximately $325,000 cash injection plus qualification as Mobil dealer, via Circle K, & conventional loan for $420,000, 6% vir, 10 year amortization, monthly payment $4,663. Includes $650,000 price, approximately $50,000 resale fuel & market inventories @ cost, $25,000 working capital, $20,000 transaction & lender costs. SBA financing not available.

Buyer must have real estate equity in buyer's real properties sufficient to secure the $420,000 loan. Mobil station site real property--land & improvements--can not be security for buyer's loan.

For further information & NDA, email broker. Include full name, business or residence physical address, phone & e-mail; and amount of available cash w/o contingency for down payment.
The listing # 253447 Mobil Gas Station, Mart - Orange County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Mobil Gas Station, Mart in Orange County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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