Bay Area Chevron $12 million

Retail -

Richmond, CA, Chevron station.
This is an exceptional opportunity to invest in a well established business including real estate with multiple highly profitable revenue streams: high volume gas sales, 76k plus annual car washes, 2800sf C-Store, and In-store Mexican Restaurant. The property underwent major renovation in 2018 modernizing the appearance and functionality. It has one of the largest and most modern tunnel car wash facilities in Richmond Surrounding areas. The property is strategically located off of Interstate 80 nearby major retailers including Walmart, Hilltop Mall Auto Row, & numerous local as well as chained restaurants. The station is also located near densely populated residential areas and is the major thoroughfare into the regional operations & distribution hubs for many large employers including Amazon & Whole Foods Distribution. Consistently generating 14%+ CAP Rate. Well managed & turned key investment is ideal owner operator and absentee owners.

Below info provided by the seller. See attached Sales numbers for 2022. All other income documents would be provided after receipt of Proof of Down payment from the buyer. Sales price 12 million.
Absentee owner. Seller agrees to talk to any potential buyer and answer all questions, after the receipt of proof of funds.

Seller agrees to talk to any potential buyer and answer all questions, after the receipt of proof of funds.

5ML-6ML down payment required.

Need proof of down payment.

• Gross profit $200k/mo
• Net Income $137K/mo (1.6 ML/Y – 1.7ML/Y)
• Store- 40% margin.
• Has Taco and burrito counter (additional cash income $30k/mo)
• No ABC license.

Due to certain arrangements with the Seller we are not able to Co-Operate with Brokers.

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