Retail Businesses for Sale in Pasadena, California
Pasadena, California
Retail
1 result for "Retail" businesses in "Pasadena, California"
Pasadena, California
Retail
1 result for "Retail" businesses in "Pasadena, California"
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Pasadena, California
Gas Station - Very Exclusive Neighborhood
$ 6,900,000
For sale is a gas station situated on a large piece of land, approximately 30,000 square feet, in a very exclusive neighborhood. The property is about ½ mile from the 110 Freeway and features a building with over 2,044 square feet. The station includes three bays and a market, with two of the bays currently rented for $3,500 per month. The station has six dispensers and three underground storage tanks, each with a 10,000-gallon capacity. It has a remaining 14 years on its supply contract. The station pumps approximately 110,000 gallons of fuel per month, with a minimum margin of $0.50 per gallon. The store generates over $40,000 in monthly revenue, plus income from the lottery. Additionally, there is $4,000 in rental income from a hydrogen dispenser, though this lease expires next year and the rent can be increased by at least 25%. The station does not sell beer or wine, and its business hours are from 6:00 am to 10:00 pm. The owner is open to selling the business first, with an option to purchase the land. All offers are welcomed.
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