16657 Arrow BLVD new

Fontana,CA 92335

$ 1599999

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24238160

HOA Y/N No

Year Built 2015

Lot Size 1.812 Acres

Property 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.

Location

State CA

County San Bernardino

Area 264 - Fontana

Interior

Fireplace No

Others

Tax ID 0191231440000

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