A pretty new Branded station with Car Wash in a high demanded neighborhood. The owner just remodeled the station 2 and 1/2 years ago. Everything is nice. The Food Mart area is around 4,000. SF with lots of office space and storage. Space in the attic can be used for resting place. The station was approved for 7-Eleven. The Car Wash area is around 1,000. SF with storage area for equipment. The current owner is only offering external wash now. But a new owner can do full service car wash and Auto detail services. The owner has invested $2.2 M to remodel the station with a huge beautiful building for the Food Mart area, and a very good Car Wash equipment.
It is an Express Conveyor system It can wash a car in 3 min. and the car comes out very clean and spotless. The Gas sales: average 100,245 Gals/mo. at .33-.35 margin; Market sales: average $31,141.00 at .35 margin. Lotto sales: average $31,045.00 at .062 margin. Car Wash sales: average $21,121.00 at .92 margin. Owner wants to retire so he likes to sell all the improvements, building, canopy, MPD's and Car Wash equipment and all other equipment related to the gas business. The purchase of all of these improvements mentioned above gives the buyer the benefits to tax deductions.
The lease is long. it is 25 years with first 5 years and 4 option after. Each option is for 5 years. Sorry, no asking price is disclosed per seller's request. The rent is 18,800/mo plus property tax.
Very important note per seller's request: Broker/Agent's showing instructions: do not talk to employees or ask questions about the station.
Please try to show it before 1:00 pm everyday because owner is at the station during that time and if possible he can show you and your client around. Please do not send your client out alone after 1:00 pm. If you need to show the station with your client after 1:00 pm, it it all right but stay with your client so they will not try to ask or talk to the employees.