Northern Cal.
Franchise C-Store & Gas w/ Property for sale - Fort Bragg California
Business Description:
* This gas station and franchise convenience store for sale is located near seashore in Fort Bragg California.
* This is Owner Absentee Business. Completely employee run. So if the owner wants to work on the business then you shall reduce the payroll expenses and increase the sales.
* The business has good exposure because of corner location and located near busy highway.
* Store sale: $75,000 per month with high profit margin and rebates are almost equal to franchise fee every month, as per seller.
* Gas sale: 70,000 gallons per month @ 16 cents margin estimated because of highway location, as per seller.
* Lotto Lottery sale: $10,000 per month.
* This gas station for sale has good surrounding businesses like hotels and shopping center for customer traffic and good access from highway.
* This business for sale is Owner Absentee and completely run by the employees so this business may be good for family run which can save some employee payroll or for investor with already setup operations.
* The gas station has 4 MPDs and have good sized lot for parking and mobility of vechiles.
* The business has Beer & Wine license and lotto lottery.
* The business has clean books for buyer's verification purposes.
* EXPENSES: Payroll: $8,300 per month, Garbage & Water $100 ; Business & Property Liability Insurance $300; Property Tax $650; Workers Comp $200; Telephone $150; Accounting $100; Security Alarm $35; License Permits $200; Miscellaneous $500.
* Rent: $6000 per month plus property tax.
* Lease: Buyer can get 20 years lease.
* The property owner took over the business in 2012 for non-payment of previous business opportunity owner's obligations because of high debts. So owner can provide last 4 years income statements from franchise company and taxes from 2012 to evaluate the track record of the business.
* PROPERTY IS ALSO AVAILABLE FOR SALE WITH BUSINESS FOR TOTAL $1,700,000. WITH $400,000 DOWN PAYMENT REST SHALL BE CURRENT ASSUMABLE LOAN.
* Seller can finance the deal for qualified buyers only. Buyer shall have good credit and experience working in retail industry.
Business & Real Estate Associate Nirvail Singh DRE License #01853125
Lease
Operations
Facilities
Highlights
- Seller Financing Available.
- Store sale: $75,000 per month. estimated
- Gas sale: 70,000 gallons per month @ 16 cents margin.estimated
- Franchise Business with clean Books.
- Property is also Available for sale with low down payment.
- Business located on Highway.
- Nearby businesses like hotels, motels, shopping center
- Owner Absentee Business.
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 13,531 |
| Households | 5-mi |
| 2010 Number Of Households | 6,191 |
| 2010 Persons Per Household | 2.31 |
| Median House Value | $333,800 |
| Income Per Household | $41,496 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 486 |
| 2012 Number Of Employees | 8,356 |
| 2012 Total Annual Payroll | $117,334,000 |
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Disclaimer
ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.
Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area.
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