Arco Direct Business Only with Long Term Lease Tanks replaced 2017

Los Angeles, CA
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Asking Price:$1,699,000
Rent:$17,000/Month
Inventory:$70,000
Established Year:1998
BUSINESS DESCRIPTION

Property Overview:
This is a prime opportunity to own a profitable Arco gas station in a highly trafficked area of Los Angeles.
Contract: Less than 6 years remaining on Arco contract. Long Term Lease, starting base rent $17,000/Month
Infrastructure:
Underground tanks, piping, and pumps were replaced in 2017
Two tanks with 20,000 gallons each
One split tank: 8,000 gallons for diesel and 12,000 gallons for premium fuel
Property Size: Approximately 11,000 sqft. Building Size: Approximately 1,100 sqft
Financial Highlights:
Fuel Volume: 120,000 gallons + per month at $0.35 profit per gallon
Market Sales: $60,000 per month
Additional Income: ATM, $450
Operational Details:
Absentee Operated
Operating Hours: 5 AM to 11 PM
Potential Growth: Opportunity to increase revenue by adding lottery and beer/wine sales (new owner can apply for necessary licenses)
Next Steps:
To receive more detailed information, please provide:
A signed Non-Disclosure Agreement (NDA)
Proof of Funds
Please Note: Do not contact or speak to anyone at the location directly.
Capitalize on this exceptional investment opportunity in the heart of Los Angeles. Secure your future with a well-established business in a prime location.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,082
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Houmehr "Mike"
Panoussi
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Houmehr "Mike" Panoussi