This ARCO station is situated on a hard corner and on a high traffic street in the city of Downey. Surrounded by plenty of retail businesses including three national brand Burger & Pizza restaurants and is only steps away from a brand new medical facility. All these businesses are bringing very steady flow of customers to this station! Plans to build one of the largest movie theater less than a ¼ mile from the gas station is set to start construction this July 2012. The gas station also has a 300 sq. feet Convenience Store and 3-Bay Auto Mechanic Shop approximately 1400 sq. feet. Station now has Five dispensers and Ten pumps. Lot size is about 16,000 sq. feet total. It is currently pumping 120,000 gallons/month at $0.05 - $0.10 per gallon as profit margin each month. Location: Downey, CA Asking Price: $1,850,000 Annual Gross: $275,000 Annual Net: $106,000 FF&E: $1,100,000 [Land Included] Real Estate: $900,000 [Included in Asking Price] Inventory: approx. $37,500 [Not Included in Asking Price] Owner Since: 2007 Employees: 6 (part time) Reasons For Sale: Retirement. CONFIDENTIAL SALE! Visit website – www.arcoampm4sale.com PLEASE NOTE: Serious Buyers Only! Because of our unique marketing arrangement with the Seller, this property is available to review by Exclusive Representation ONLY: https://rightsignature.com/documents/JA7DCAJY9LLASPK2P72NYY Call Or Email Our Office Today For Complete Details! Toll Free 1-800-727-2100 Ext. 202! Join our Business Showcase Webinars and Meet Online With Our Team To Tour Exclusive Business Listings: http://www.bizbuilder.com/SearchResults.asp?Cat=189 . BIZ Builder.com, Inc.
$1,850,000
$275,000
(last 12 months)$106,000
(last 12 months)$37,500
It is currently pumping 120,000 gallons/month at $0.05 - $0.10 per gallon as profit margin each month.
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