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#Business ID: 20540

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Union 76 Station With $60 Rent 35-Year Lease!

Business Location: San Fernando Valley, Los Angeles, California, United States

Asking Price: $ 1,429,995 Revenue: $ 2,450,000 Cash Flow: not disclosed

[Inventory / Stock included]

Business Summary

76 Station With $60 /Month/ 35-Year NNN Lease!
Hard Corner In San Fernando Valley $60 Monthly NNN Lease – $1,429,995 [Just Reduced]!

Primary Features:
* Imagine owning a Union 76 Gas Station.
* Located on a Hard Corner in the San Fernando Valley.
* With an unbelievable $60/ Month NNN Land Lease!
* Believe It Or Not – IT’ S TRUE!
* 35 YEARS Remaining With Current Lease!
* So The Rent For This Property Will Never Exceed $720 For The Entire Year!
* This Gas Station Is Located On A Hard Corner Of Two Buys Main Road!
* Very high Visibility And Busy Traffic!
* Gas Station Also Has A Small Snack Shop Selling $15K Monthly.
* Auto Shop Has 3-Bay Mechanic Shop!
* Which Has Monthly Gross Sales Of $20K!
* New Buyer Would Consider Remodeling To A Brand New 76 Extra Mile C-Store!
* Important Note – Seller Has Just Spent $75K EVR System Upgrade!
* Brand New Equipment!

Benefits:
* Price Reduction In July 2013!
* This Gas Station Is Located On A Hard Corner Of Two Buys Main Roads!
* Very High Visibility And Busy Traffic!
* Potential: Already Has Convenience Store Permit Confirmed!
* New Owner Can Build A Brand New C-store To Generate More Revenue!
* Also Sells Propane!
* Seller Has Just Spent $75K On The EVR System!
* Brand New Equipment!
* 35 Years Long Lease!
* Unbelievably Low Rent At $60 NNN Every Month!

Financials:
* Asking Price: $1,429,995.00 [Just Reduced July 2013]
* Annual Net: $380,000 [Projection in 2013]
* Currently Pumping 75,000 Gallons Each Month!
* Auto Shop Monthly Sales $20K!
* Snack Shop Sales $15K A Month!

BIZ Analysis/ Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].

Property Details

Years Established:

1985

Property Type:

Lease

FF&E:

$ 199,000

Inventory Value:

$ 23,000

Business Operation Details

Employees:

4 FT

Trading Hours:

7 Days A Week From 6am to 11pm!

Miscellaneous Details

Reason For Selling:

Retirement

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