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Gas Station

Shell Food Mart

620 W 7th St, Hanford, Kings County, CA, 93230

Price

$599,000

Building

2,173 sqft

Type

business

Overview

Shell Food Mart generates steady revenue and boasts a 14-year remaining lease, providing long-term stability for the new owner. Here are the key highlights: •Financial Performance: • Gross sales of $55,000 to $60,000 per month with a 30% margin. • Fuel sales average 30,000 to 35,000 gallons per month, generating additional revenue at 30 cents per gallon. •Lease Terms: • 14 years left on the lease, ending July 31, 2038. • Monthly rent is $4,500, providing an affordable base for operations. •Facility & Operations: • Store area of 2,173 sq ft offers ample retail space. • Open daily from 5:00 AM to 11:00 PM, catering to both early morning and late-night customers. • Three employees manage daily operations, ensuring efficient service for a steady customer flow. This Shell Food Mart is an ideal opportunity for investors or owner-operators seeking a profitable convenience store and fuel station in a prime location. With established sales, a reliable lease, and strong operational support, this business offers a stable, income-generating investment.

Highlights

  • Gross sales of $55,000 to $60,000 per month with a 30% margin.
  • Fuel sales average 30,000 to 35,000 gallons per month, generating additional revenue at 30 cents per gallon.
  • 14 years left on the lease, ending July 31, 2038.
  • Monthly rent is $4,500, providing an affordable base for operations.
  • Store area of 2,173 sq ft offers ample retail space.
  • Open daily from 5:00 AM to 11:00 PM, catering to both early morning and late-night customers.
  • Three employees manage daily operations, ensuring efficient service for a steady customer flow.

Business details

Real estate
Not included

Location

Sold

$599,000

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