16657 Arrow Boulevard , Fontana, CA 92335
Fontana, CA 92335
Description
Business Overview: Property Type: Shell Gas Station & Convenience Store Location: Prime location on Arrow Blvd in Fontana, CA with high visibility and heavy traffic. Ownership: Currently absentee-owned, offering potential for increased profits through more active management. Lease Terms: 10-year lease, plus two 5-year options to extend. Rent: $16,500/month. Shell Supply Agreement: Existing agreement with Shell, which ends in 5 years, offering flexibility for a new owner. Financials: Monthly Store Sales: $85,000 - Store Margin: $0.40 per gallon Monthly Gross Profit from Store: $34,000 Monthly Gasoline Sales: 60,000 gallons Gasoline Margin: $0.55 per gallon Monthly Gross Profit from Gasoline: $33,000 Total Monthly Gross Profit (Store + Gas): $67,000 Annual Gross Profit: $780,000 Rent: $16,500/month Net Operating Income (NOI): $48,500/month (after rent) Annual NOI: $582,000 Property Features & Key Highlights: Prime Location: High-traffic, visible location in Fontana, providing both daily vehicle and foot traffic. Strong Gasoline Sales: 60,000 gallons/month with a healthy margin of $0.55 per gallon. Convenience Store Sales: $85,000/month with a solid margin of $0.40 per gallon. Absentee Ownership: Current owner operates the business absentee, which provides a great opportunity for a more hands-on operator to boost profits. Long-Term Lease: 10-year lease with two 5-year options, providing stability and long-term income potential. Shell Supply Agreement: The current supply agreement with Shell runs for another 5 years, with the possibility of renegotiation or transition to another supplier. Potential for Growth: Opportunity for increased profits with active management, improved marketing, and expanding product offerings in the convenience store. Investment Opportunity: Potential for Increased Revenue: The absentee owner’s lack of day-to-day involvement presents a unique opportunity for a more active owner to increase sales, optimize operations, and improve margins. Strong Cash Flow: With monthly gross profits of $65,000, this is a solid income-generating business. Exit Strategy: A well-established, profitable business with a long-term lease and existing supply agreement provides stability and a solid foundation for long-term investment.
Details
| Mls | CV24238160 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 18 |
| Listing Provided By | BRIDGE REALTY 818-512-7763 | Ghydan Rabadi |
Features
| Acreage | 1.81 |
|---|
Market Activity 92335
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Fontana |
| Zip Code | 92335 |
| Area | 264 Fontana |
| Listing VS Median (in 92335) | |
Price: $1,599,999 low | high Med: $542,500 On Site: 18 low | high Med: 441.500000 | |