1009 El Camino Real, Millbrae, CA 94030

Olympian Gas Station Millbrae

Retail Property For Sale

Description

Olympian gas station and auto repair shop for sale. The gas station is on a 4-way intersection on El Camino Real with heavy traffic. Established business of 45 years. Loyal clientele and excellent goodwill. Safe neighborhood.

The gas station is situated on a 12,000 square foot lot. 35,000 gallons a month at $0.30-$0.40 per gallon. High mark ups on gasoline offset the low volume. The gas station offers Commercial Fuel Network and receives business from commercial vehicles such as police vehicles.

The gas station also offers competitive rates on Diesel priced below the local gas stations.

Propane nets about $1,500 a month.

Please call for more financial information.

Rent is $7,500 a month. Rent is negotiable depending on length of lease and purchase price.

2 bay garage for auto repair and smog with additional 2-car garage as storage. Ready to go smog set up valuing at over $80,000. The 2 car storage garage is currently being used for storing shipping supplies and moving supplies for the U-Haul rental customers among other inventory. Double fiber glass tank which was last upgraded in 1999. Clean gas station.

Business and Inventory are included in this sale. Inventory includes:
gas pumps,computers, tools, smog machine ….etc

New owner has option to continue U-haul rentals for additional income. The well established U-Haul rentals have been on the premise for 35 years. Please call for financials. U-haul dealer is not included in the sale. All the new owner has to do is contact U-Haul to sign up. We will provide the contact for U-Haul. Over $200,000 in U-Haul rentals for 2013. Huge potential to expand on mini-mart.

The Gas Station is for Sale because the owner is retiring. Great opportunity to take over a well established gas station in the bay area.

Owner financing not available.