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Profitable Shell Branded Gas & Convenience Store in Long Beach

Long Beach, CA
Corner view - Front
Corner view - Front
Asking Price:$3,000,000
Rent:$5,100/Month
Gross Revenue:$1,143,000
Established Year:1993
Listing ID: 2169742Listing provided by BizBuySell
BUSINESS DESCRIPTION

Prime Belmont Heights Location - High Traffic, Established Business

Premier Listing: Shell / Scotty’s Gas and Food in High-Demand Belmont Heights

As the proud owner of Shell / Scotty’s Gas and Food, located in the sought-after Belmont Heights area of Long Beach (3601 E 4th St.), I am excited to present this exceptional business for acquisition. This Shell-branded gas station and convenience store, situated on a key corner lot, stands as a prime investment in one of California’s most vibrant neighborhoods.

Prime Location: The only gas station on 4th Street, capturing a significant share of local and commuter traffic in Belmont Heights. Benefiting from its corner lot location, the station offers unparalleled visibility and convenience to customers.

Strong Financials: Gas sales of 720,000 gallons/year at a $0.50/gallon profit, complemented by convenience store sales of $750,000/year. Additional revenue from an ATM ($9,000/year) and CA Lottery ($24,000/year).

Operational Efficiency: Open 7 days a week, 6 AM to 12 AM, balancing profitability and operational manageability.

Favorable Lease Terms: Currently at $5,100/month, adding to the business’s profitability.

Reason for Sale:
The decision to sell is driven by my residence's distance from the business (1.5 hours away), which has made dedicated management challenging. This presents a fantastic opportunity for a local entrepreneur or investor to step in and drive this business to new heights.

Growth Potential:
This business is ripe for growth, especially with an owner who can be more present and involved. There is ample opportunity to enhance the convenience store offerings and optimize operations for even greater profitability.

Owner’s Commitment:
I am devoted to a seamless transition and will provide comprehensive support and training to the new owner, ensuring the continued success of this well-established enterprise.

Your Opportunity:
This is a unique chance to own a thriving, high-revenue business in Long Beach's prestigious Belmont Heights. Ideal for investors seeking a turnkey operation with substantial growth potential. For more information and to explore this rare opportunity, please contact me directly.

DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
5
Growth & Expansion
Pros: 1. Unique Location: Sole gas station on 4th Street in Belmont Heights, capturing a substantial local market. 2. Expansion Opportunities: Potential exists to expand the convenience store range or introduce new services, increasing overall revenue. 3. Direct Management: Local, hands-on ownership can improve efficiency and profits. Cons: 1. Fuel Price Sensitivity: Requires vigilant pricing strategies to remain competitive in the fuel market. 2. Operational Intensity: High-traffic business demands continuous engagement, more so with expansion.
Support & Training
As the current owner, I will provide extensive training and support, covering all aspects of the business operations, including the management of the gas station and convenience store, financial handling, and supplier relations. This support will be tailored to the buyer’s needs to guarantee a seamless handover and continued success of the business.
Reason for Selling
After many rewarding years at the helm of Shell / Scotty’s Gas and Food, the dec
Franchise
This business is an established franchise
BUSINESS LOCATION
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Emad S.
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Emad S.
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