Listing ID: 81126
It’s a beautiful Arco ampm gas station and one of the busiest stations in Shasta County. Situated at the 4-way intersection with traffic lights. The gas station sits on 0.64 Acre lot with 2,765 SF of C-store building. The station has two easy accesses from two streets. Credit cards are accepted now!
Does not qualify for SBA loan.
Buyer to have about $1,500,000 available for down payment.
Prospect buyer MUST complete Buyer Profile and sign NDA before asking any financial and sales reports.
- Asking Price: $3,550,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:2,675
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Will provide during escrow.
Very good location for a neighborhood store with two easy accesses to enter and exit the site.
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nevertheless, the real reason vs the one they tell you may be 2 entirely different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in revenues, or an array of various other factors. This is why it is really essential that you not depend absolutely on a vendor's word, however rather, utilize the seller's answer along with your total due diligence. This will paint a more sensible picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans in order to cover things like inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can mean that revenue margins are too small. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that need to be fulfilled or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in brand-new clients? Most times, operating businesses have repeat customers, which develop the core of their daily profits. Particular variables such as new competition sprouting up around the area, road construction, and staff turnover can affect repeat clients as well as negatively impact future earnings. One important thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the better the possibility to construct a returning consumer base. A last idea is the general location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? How might the neighborhood typical home income effect future earnings potential?