Branded Gas Station with C-Store in Torrance
821008-JS
Gas Stations
Los Angeles County
Financial Information
$1,100,000
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Description
This station is centrally located on a busy intersection in the city of Torrance. The lot is comprised of 16,274 square feet. They have 3 tanks of 12,000 gallons each and pump approximately 220,000 gallons per month with a margin of $.09 per gallon. The c-store is 1,715 square feet and generates approximately $82,000 per month with a margin of 35%. BP will sell property to owner for $1.5 million with complete rebuild and $1.75 with remodel only. Brand will rebate construction up to $800,000 for complete rebuild and $500,000 for remodel. Beer and Wine license are included. This location is open 24 hours and accepts cash and ATM only. No credit card usage. The lease currently has 2 years remaining with a monthly rent of $6,900. Seller is highly motivated!
Building/Property
16,274
$6,900
2 years remaining
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Other Information
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24 hours
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TBD
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Other Business Interest
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No
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Yes
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Contact Information
John SchulzPhone: (714) 318-4137
Fax: (714) 992-6652
Email: schulz_power@hotmail.com