Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$3,300,000	Inventory	$30,000**
Gross Income	$7,920,000	Real Estate	$2,300,000*
Cash Flow	$399,600	Year Established	N/A
FF&E	N/A	Employees	3

* included in the asking price

** not included in the asking price

LA Branded Gas Station with Store & Land

This Name Brand gas station with a large remodeled Convenience store is located in a busy part of Los Angeles at the corner of two major streets. Price includes: gas station with 10 pumps, plus Propane, A large remodeled convenience store, land (20,000 Square Feet) and Building (1800 Square Feet). It pumps 200,000 Gallons per month @ 15C per gallon profit and the C-Store is doing $60,000 per month @ 30% profit. Net profit is $33,300 per month without loan payments. This includes a $900 per month income from the lot behind the station which is rented out. Plenty of room to add a brand new Car Wash. There is an existing loan on the business for $1.5MM with payments of $7,900 per month and 4 years remaining before it becomes due. Owner believes it may be assumable. Please note that price is firm, offers of $3.2MM range have been rejected. If you like the station and want to buy it, this is the bottom line price. To see the location , please arrange to meet with the broker and provide proof of down payment via bank statements. No Exceptions. Visit www.MichaelVal.com for additional listings.

Reason Selling: Partners are splitting up