• The market: Gas Station & Convenience Store
• The target: Local residents & travelers
Here’s the breakdown:
If you’ve ever wanted a steady cash-flow business with real estate included, this could be your next move.
This California-based gas station & store pulled in $2.8M in revenue last year. 🧾⛽️ It offers solid profit margins and growth potential.
Let’s dive in:
The numbers: • Inside Sales: $130K/month (not including lottery) • Lottery Sales: ~$13K/month • Gas Sales: 16K+ gallons/month at ~$1/gal profit margin
There’s also a Type-20 Liquor License, boosting the store’s appeal with beer & wine sales. 🍺🍷
So, what makes this opportunity stand out?
✅ Real Estate Included (1176 sq ft building on a 7405 sq ft corner lot). ✅ Recently upgraded: New pumps, LED sign, canopy, & more. ✅ Operated successfully for 10 years by the same owner.
Let’s talk financials:
Revenue trends: • 2023: $2.8M (down from $3.3M in 2022) • Gross Profit Margin: ~17-18% • 2023 Net Income: -$238K (but with adjustments, there’s potential to turn it around).
Operating costs (payroll, maintenance) are high, but manageable with the right strategy.
Growth Potential 🚀 • Add more services: EV chargers, car wash, or food offerings. • Optimize inventory mix for better margins. • Improve marketing to attract more travelers.
This deal comes with SBA financing options: • Purchase Price: $3.2M + $150K inventory • Loan: $2.88M at ~10.75% • Monthly Payment: ~$17K
What’s the game plan? 📝
- Take over and maintain steady operations.
- Cut unnecessary expenses.
- Introduce new services & optimize product offerings.
A stable, community-driven business with real estate ownership and room to grow. 📈
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