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
