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Brand New Gas Station with C-Store

Downey, CA
listing image
Asking Price:$7,200,000
Listing ID: 2051282Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is a brand-new gas station. New 2000 SF building and 4 MPD's. Built with high quality material and fixtures
C-Store opened on February 6, 2023 (Grand Opening Day). No competition on same corner. Close to 105 FRWY and surrounded by many shopping centers, entertainment centers and restaurants. 9 years left on Mobil contract. Contract cannot be terminated.
Approximately 22500 SF land
Seller is willing to sell with or without real property.
BUSINESS ONLY: $1,950,000 with $26,000 monthly rent
Station doing 60K gallons at $1.00 to $1.30 margin and market is doing about 98K, excluding lottery.
Close to 53k monthly net profit
Owner has obtained full liquor license (type 21) as of May 2024. That shall increase the sales minimum of 10K per month.

ATTACHED DOCUMENTS
Confidentiality Agreement Download
DETAILED INFORMATION
Location
Downey, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,000
Facilities
New station Owner has permit to add E-85.
Competition
No competition on same corner
Growth & Expansion
New business and growing. Opened in February 2023 Full liquor license is approved for this location and active as of May 2024.
Financing
owner may carry partial of purchase price for qualified buyer.
Support & Training
Buyer must be experienced in gas station.
Reason for Selling
other interests
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Alex Shapouri
ICOA, INC.
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Alex Shapouri
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