BUSINESS DESCRIPTION
Brand Name Service Station opportunity in an excellent location, including land, at a sales price just above the land value21;21;21; Located on a major-destination, high-volume intersection halfway between the I-405 and the Pacific Ocean (10 miles West of downtown LA), the property includes 32,000 square feet of land with access from 3 sides. Owner has permission from the brand name fuel supplier to convert service bays to a Mini-mart. In addition, there is enough room to add a car wash, which could enhance the value even further. Currently the station pumps 130,000 gallons per month. The current small convenience store does 24;17,000 in sales per month. The service bays added 24;10,000 more although they are closed currently. A new Mini-mart should generate at least 24;70,000 mo. in sales. With the added trade from a new mini-mart and with new pumps, the current owner says the gasoline sales should double as well. The current owner is in his sixties and doesn92;t have the energy, time, or money to take this station to the next level. The owner estimates the land value at 24;2.4M. It will take additional capital improvement to realize the full potential of this opportunity. This is truly a rare circumstance and it will sell quickly. Call now before it is too late. Contact Roger Civalleri for more information at (310)539-8300, ext. 208.