Texas Gas / Mobil

Texas Gas / Mobil

Available

$1,449,000.00

Listing Number :

 3821

Status :

Available

Price :

$1449000

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Description

This 1,288 sq.ft. gas station on a +/-14,000 sq.ft. lot is being in business more than 50 years ago and recently is being in the market for sale. Seller claims his the store does $20,000/m @ 35% margin, Mechanic shop does $12,000/m, Propane Sale is about $6,500/m, Lotto Commission is about $800/m and the station does $75,000 gallons @ 0.60 Cents Margin. Hours of operation is 6 am-10 pm 7 days a week. Rent is about $6,500/m with 3% yearly adjustment. There are 3 employees with $12,000/m payroll. Seller also claims his Annual Net is about $360,000. Tanks are Double wall.#3821

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2017
Business Type: Gas Station, Mart, Mechanic Shop
License(s) Required: Business, Heath, ABC
Hours of Operation: 6.00 am- 10.00 pm/ 7 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp:  No
Office Listing Number: 3821
Date Available: 11/29/2019
Reason For Sale:
Annual Total Revenue:
Annual Net Income: 360000
Inventory:
Monthly Payroll: 12000
Lease Information
Base Rent: 6500
Lease Expires: 2029
Lease Option:
NNN: Included
 
Financing Information
Down Payment: 1449000
Owner Will Carry:
Other Finance Terms:

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