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Major brand in S Pasadena, Large land

Pasadena, CA
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Asking Price:$6,950,000
Listing ID: 2280845Listing provided by BizBuySell
BUSINESS DESCRIPTION

Station pumps 110,000 gallons at minimum of 50 ct margin. Market does about $40,000/mo plus Lottery. Business hours: 6:00 am till 10:00 pm. $7500/mo. additional rental income. 14 years left on Supply Contract. Close to 110 Freeway . Monthly gross profit is about $75,000
Possible to remove one of the fuel islands and replace it with car wash tunnel. Also, possible to add charging stations.

DETAILED INFORMATION
Location
Pasadena, CA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,044
Employees
4
Facilities
6 dispensers. 3 DWF tanks, 10k each About 30,000 SF of land and over 2044 SF building ( 3 bays plus market
Competition
No competition on same corner. About half a mile from 110 FRWY
Growth & Expansion
Possible to get rid of one fuel island and replace it with car wash tunnel Also, possible to add few charging stations
Support & Training
Owner must be experienced
Reason for Selling
Need cash for another investment
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Alex Shapouri
ICOA, INC.
Phone Number
Alex Shapouri
Call Phone