Royal Oil 6953 Navajo Rd

MAJOR PRICE REDUCTION - Welcome to the exclusive and rare opportunity to purchase an owner-operated, independent branded fuel station, Royal Oil, at 6953 Navajo Road in San Diego, California. This fuel station is strategically positioned in an advantageous location with no fuel stations currently available for sale (via LoopNet) in the City of San Diego. Plus, there is only one fuel station competitor (Shell) within 2 miles (driving distance) from the subject site.

The operation's financials are solid and strong. Over the past two years, Royal Oil has averaged $5.4 million in sales, a fuel volume in excess of 1 million gallons, an overall gross profit of $965,000, and a gross profit fuel margin of 88 cents per gallon. After several years of working with the City of San Diego, the owner has pending approval for a new, two-story development that includes a 750-square-foot convenience store, an 851-square-foot car wash with roll-over door and equipment room, and a 249-square-foot mezzanine above the convenience store.

This fee simple purchase opportunity includes the land, improvements, equipment, business operation, and development permits, all at a sales price of $6.45 million. The existing fuel station comprises a kiosk, three Gilbarco Encore 700 S Multiple Product Dispensers (MPDs), six fueling positions, Gilbarco Passport Console and Register, outside coolers, an air/water tower, and an ice machine.

There is no supply agreement in place due to the independent brand, meaning the buyer may be able to brand Mobil, Valero, Chevron, Arco, 76, Sinclair, or remain independent. An existing Shell sits across the street from the Royal Oil fuel station on the southwest corner of Navajo Road and Jackson Drive. There are currently three Xerxes—10,000-gallon Underground Storage Tanks (UST). These USTs will ultimately need to be improved to double-walled tanks and lines before January 1, 2026.

6953 Navajo Road is positioned at a signalized intersection of Jackson Drive and Navajo Road, which has an average daily traffic of 25,825 vehicles. In the 5 miles surrounding the offering, there is a local population of 351,631 residents, which generates $4.7 billion in the locale annually. The average household income of this realm reports over $102,440, with 34% having attained a college degree or higher, making for a thriving and lively community.