NOT AVAILABLE...Riverside

CA436

$2,850,000
NOT AVAILABLE...Riverside #CA436 $2,850,000

Net $ 25,000-30,000/mo on car wash revenues of $ 30,000/mo plus c-store of $ 15,000/mo. 100,000 gal/mo at 28c-30c margin (previous to gas crisis 150,000gal @ 15C) This price is 10c more than the branded gas across the street and owner had done 200,000 gal at a lower margin but is happy with the profit. Three 12,000 gal tanks new in 2001 with double valve fiberglass and steel in between. Four pumps and eight dispensers. Propane gas available. Corner, signalled 26,000 sf lot at entrance to major freeway. Owner of 14 years ready to retire. Current lease is 14 years plus two 5 year options. Rent of $ 5,840 flat and increase of 4%/yr. Elderly land owner would have to pay too much in taxes if sold but… Prime area. Make an offer.
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