Recently Converted To ARCO With Land Montebello! - Business For Sale

Business Description

Recently Converted To An ARCO Station – September 2011!

Presenting an outstanding opportunity for unusual profits! Seller has been Pre- Approved by ARCO / AM/PM to convert this Valero Station in 2011! Buyer only needs to gain approval from the City for an ABC License - and ARCO will move forward with the conversion! Currently a Valero Gas Station. Includes a nice C-Store & Auto Repair Shop. Located on hard corner with great visibility, heavy drive by traffic and outstanding demographics between the cities of Montebello & Whittier. Located less than a mile away from a major freeway exit! Very unique opportunity for an aggressive entrepreneur to buy low and see an excellent ROI. If you choose not to flip the location to AM/PM, you still have a wonderful business with a built in auto repair shop offering tune-ups, repairs and smog checks! Established and loyal client base acquired through 20 years of business and still growing. Complete mechanical & electrical service and or repair is provided for both foreign and domestic makes. Shop has 3 bays 2 lifts and 1 smog machine. Facility has all necessary state-of-the-art equipment to repair & service all makes and models. C-Store is approx. 450 sq. feet. Auto repair shop is approx. 1100 sq. ft. Land is approx. 30,000 sq feet.
Location: Montebello / Whittier
Asking Price: $2,349,995
Gross: $3,300,000
Net: $216,000
Owner Since: 1998
Inventory: $30,000 (not included)
FF&E: included
Employee: 5 - willing to stay.

Confidential Sale.

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Detailed Information

Expansion Potential: You can convert the auto store to a larger c-store and drive up the revenue!

Competition & Market Info: Fair competition within the area.

Reasons for Sale: Relocation

Support & Training: Seller is willing to provide support during Escrow.

Website: www.valero4sale.com