Gas Station & Mart with Real Estate, Absentee Owner
| Asking Price: | $3,200,000 |
| Inventory: | $150,000 |
| Gross Revenue: | $2,795,608 |
Gas Station & Mart, Property Included, Successful Operation, 1031 Exchange.
MS Real Estate Inc. is excited to offer a unique opportunity to own a well-established gas station and convenience store in Crescent City, California. This Patriot-branded facility has been a cornerstone of the community, operating successfully under the same dedicated ownership for the past 10 years. The business comes with a Type-20 Liquor License, permitting the sale of beer and wine. This valuable asset enhances the store's appeal as a high-volume convenience store, attracting a broader customer base and offering significant potential for increased revenue. The current owners have made numerous upgrades, including new flooring, counters, cash registers, pumps, an LED sign, and a canopy, ensuring the facility is in excellent condition. The gas pumps and underground tanks have been meticulously maintained and comply with all Environmental Health Board regulations, providing potential buyers with confidence and peace of mind. Additionally, there is substantial potential for growth and expansion, with opportunities to add extra services or products to boost revenue further. Do not disturb the employees. Principals Only.
Listing Details:
* Building Square feet: 1176 with 7405 square feet corner lot.
* Two double-wall tanks, 10,000 gallons each, were installed in 2005.
* Two dispensers with four (4) pumps | Pumps upgraded 4 years ago.
* Employees: 3 Full Time (32+ hours a week) 2 Part Time
* Hours- 5 am to 12 am, 7 days a week
Revenue:
* 2024- $130,000 monthly inside sale without lottery | Lottery sale is around $13000 monthly.
The gas gallon sells for around 16k plus per month, with a profit margin of $1.00 for each gallon sold.
* 2023-2,795,608.52 | 2022-3,338,489.320 | 2021-3,042,751.20
Financing:
Financing: All Cash and bank financing is possible.
The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. firmly says that you should seek the help of legal and financial advisors to help you with this process.
