Gas Station for sale in Bay Area

For Sale 8,500,000
Retail
Description

Gas Station for sale in Bay Area $8,500,000

Retail -

(Address and Financial will be provided after signing an NDA)

  • 28,096 Sq.Ft.lot, Store 2,200 Sq.Ft.
  • Gross sale $6,872,000/Y, net income $775,570/Y.
  • Total gas sales 120k /month at 50 cents. Business sells E85, gasoline, and diesel.
  • Split 100k gas, 10k e85, and 10k diesel.
  • Station equipment roughly at $1,200,000.
  • The car wash was completed in January of 2018. The tanks on the property were installed in 2014 and the 6 dispensers were installed brand new in 2015.
  • 215,000 gallons tanks, split 10,000 for 87 gas, 5,000 for 91st gas. Second tank: 10,000 for diesel, 5,000 for E85.
  • Fuel supply agreement with Mobil for 15 years. Agreement executed on July 18, 2016.
  • Beer and wine is also possible for the site a beer cave would work great.
  • Cap Rate 9%.

Contact us:
Phone: 415-261-3757
E-mail: gasstationrealty@gmail.com


Property Features
  • Retail