BUSINESS DESCRIPTION
California business for sale - Located on one of the West Los Angeles busiest commercial streets for 40 years, this brand name gas station is an offering to good to believe. Gross receipts this year are on target to top 24;2.8 million with earnings above 24;250,000. The station has four service bays with lifts with constant repairs that keep three full time mechanics busy. It also features a very robust smog business. Upside potential includes development of a mini mart, an amenity the current owner has not opted to build. Unique to the offering is the availability of prime, prime land. The site is an approximate square parcel of 150 feet x 150 feet. Commercial frontage in this upscale community is selling for over 24;20,000 per lineal foot. The value of the land is nearly equal to the price of the entire offering. Purchase the station for 24;1,250,000 and the land for 24;2,560,000. Contact Scott M. Probst, Executive Vice President for complete details. 310-539-8300.