Mobil Station (Business ONLY) with Market - Beer & Wine

Los Angeles, CA
listing image
Asking Price:$795,000
Gross Revenue:$4,700,000
EBITDA:$240,000
Cash Flow:$240,000
Inventory:$90,000
Established Year:1970
BUSINESS DESCRIPTION

Big price reduction for quick sale.
Seller is selling after 29 years. Mobil station with 6 MPD's. Land belongs to third party. Circle K has the master lease and subleasing it to the dealer. Pumps 45000 at over $1,00 margin. Market is doing over 73K/mo., plus another 120K in Lottery. The ATM commission is about $2600/mo. Rent is 17,622/mo., but Circle k does most of the environmental testing and repairs. About 1060 SF store.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Employees
7
Facilities
This Mobil is Business only. Circle K provides 3 years leases every three year.
Competition
Arco am Pm and 7/11 across street. But, neither of them has Beer & Wine license.
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Alex Shapouri
ICOA, INC.
Alex Shapouri