Last Revised: 11/5/19. Posting #: 254579
Key Words: gas station, market, branded, 76 station, franchise, sacramento
Financial Info: Price: $2,100,000. Down: Call. Adjusted Net: Call. Annual Revenues: Call. The store is selling about $70K/month at .45%. Property lease is $12,000/month, no NNN. 70K gallons/month at .50 cents/gallon.
Profile: This is a well established union 76 branded 1 acre corner gas station and market in an upscale neighborhood. Mom and pop are tired and ready to move on. They have run this place many years, switching off with each other and a couple part-timers. They say they are averaging 70K gallons per month at .50 cents a gallon. The store is selling about $70,000 per month with a 45% markup. Everything is paid for and they say their take home is over $35,000/month. You need deep pockets to carry that kind of change around. The business only is for sale right now, and the buyer will have the first right of refusal to buy the property when he lists it for sale. His intention is to do a 1031 exchange to save on taxes but he wants to find just the right property. The property lease is $12,000 per month total. The price on the business is $2,100,000 and really, it's worth it too when you think about taking home almost half a million dollars a year - that's about a 4 year payback. Please call for complete details.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
View All Related Resources & Advisors For This Posting
Profile: Angela Graham, of Madison, AL, is a second generation business broker at Alliant Capital Advisors of Brentwood, TN. Alliant offers owners free financial analysis and price evaluations, as well as confidential business-for-sale broker services, without any upfront fees.
Key Words: angela graham, alliant capital advisors, business broker, merger intermediary, business valuation, consultant, gas station, chocolate, candy, electric generator, restoration, trampoline, trampoline park, mexican, restaurant, nashville
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
Key Words: buyer, buyers, business buyer, business buyers, buy a business, entrepreneur, acquisition, acquire a business, jordan green
View Related Blog Posts For This Posting
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
Related Discussions For This Posting
Comments & Replies: 10 Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba
Comments & Replies: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur
View All Discussions
Comments & Replies: 1 Topics: buying a business, landlords, selling a business
Profile: Dealing with landlords in order to secure a new lease during the sale of a small business can be a complicated issue. While challenging, the failure to secure a new lease will effectively end a business transaction. Jordan Green & other BBN Members explore this issue for business buyers & sellers.
Key Words: jordan green, landlord, landlords, lease agreements, subleasing, sublease, attorney, commercial lease assignment