Executive Summary

Business Description

This long established major brand gas station is located in an affluent South Bay neighborhood.  It has averaged gasoline sales of 143,000 gallons a month this year with an average margin of 22 cents.  Last year the C-store did $22K a month, the shop over $35K  a month and there were $6K per month in propane sales.   The real estate is being sold with the station.  The lot has over 23,500 square feet and the building has 1,150 sq ft with a three bay repair shop and a small C-store.  The assessed value of the property in 2010 was nearly $1.5MM.  There are two 12,000 gallon double walled fiberglass tanks.   The business has a gasoline supply agreement that goes until 11-30-20.  The business and real estate have been pre-approved for SBA financing.