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The Wall Street Journal Online

Beach Area Freeway Off/On Ramp Arco Am/Pm WIth Land.

Pismo Beach, California (San Luis Obispo County)

Photo Available
Asking Price:
$3,295,000
Gross Income:
$12,062,000
Cash Flow:
$504,000
EBITDA:
$504,000
FF&E:
YES -List To Be Furnished *
Inventory:
At Cost - Aprox. $125,000 **
Real Estate:
$2,000,000.00 *
Year Established:
1970
Employees:
4 + Manager
Business Types:
Convenience Stores
Gasoline Service Stations

** not included in the asking price

* included in the asking price

Business Description

INLAND CENTRAL COAST (by the beach) ARCO AM/PM MINI
MARKET PUMPING 220,000 GALS/MO. SELLING $120,000/MO
IN THE MINI MARKET. ( PRICE INCLUDES 22,000+ SQ./FT.
OF LAND.) ABSENTEE DEALER SHOWS NET OF
$42,O00+/-/MO. ASKING $3,295,000 + Invent.

Detailed Information

Facilities:
Recently retro-fitted Arco Am/Pm Mini Market with 4 MPD's, on 2 Islands on 22,000 sq/ft. of land at major intersection close to the beach and freeway.
Competition:
None.
Growth/Expansion:
Beach City Has Constance New Construction with no known plans for additional service stations.
Financing:
Buyer to obtain with help from his agent.
Support/Training:
As furnished by Arco at buyers own expense as is customary for Arco Franchise Transfers and additionally as agreed to during escrow from the seller until buyer can operate the business.
Reason Selling:
Seller has moved and is relocating and needs to sell.
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Ron Filley
Ronn Filley (Gas Station Broker)

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