16657 Arrow Boulevard new Save Request In-Person Tour Request Virtual Tour
Fontana,CA 92335
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24238160
Year Built 2015
Lot Size 1.812 Acres
Property Description
Business Overview: o Property Type: Shell Gas Station & Convenience Store o Location: Prime location on Arrow Blvd in Fontana, CA with high visibility and heavy traffic. o Ownership: Currently absentee-owned, offering potential for increased profits through more active management. o Lease Terms: 10-year lease, plus two 5-year options to extend. Rent: $16,500/month. o Shell Supply Agreement: Existing agreement with Shell, which ends in 5 years, offering flexibility for a new owner. Financials: o Monthly Store Sales: $85,000 - Store Margin: $0.40 per gallon o Monthly Gross Profit from Store: $34,000 o Monthly Gasoline Sales: 60,000 gallons Gasoline Margin: $0.55 per gallon o Monthly Gross Profit from Gasoline: $33,000 o Total Monthly Gross Profit (Store + Gas): $67,000 o 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: o Prime Location: High-traffic, visible location in Fontana, providing both daily vehicle and foot traffic. o Strong Gasoline Sales: 60,000 gallons/month with a healthy margin of $0.55 per gallon. o Convenience Store Sales: $85,000/month with a solid margin of $0.40 per gallon. o Absentee Ownership: Current owner operates the business absentee, which provides a great opportunity for a more hands-on operator to boost profits. o Long-Term Lease: 10-year lease with two 5-year options, providing stability and long-term income potential. o Shell Supply Agreement: The current supply agreement with Shell runs for another 5 years, with the possibility of renegotiation or transition to another supplier. o Potential for Growth: Opportunity for increased profits with active management, improved marketing, and expanding product offerings in the convenience store. Investment Opportunity: o 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. o Strong Cash Flow: With monthly gross profits of $65,000, this is a solid income-generating business. o 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.
Location
State CA
County San Bernardino