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Kirk F MacKenzie
1492 Gas, Mart and Mechanic
$790,000

This is an Arco gas station on one of the busiest roads near a major freeway in Santa Clara County. The Seller has operated it for 25-plus years and wants to retire. It has gas service with 4 dispensers, and an approx. 1600 SF building containing a snackshop and leased 3-bay mechanic. Arco wants the station remodeled to 6 dispensers and 2400 SF AM/PM, or similar, which is expected to greatly increase sales and the value of the business. Buyer must plan on purchasing the RE and overseeing construction. The land measures approx. 23,000 SF (0.53 ac) and is priced near $1.0M. Buyer must have an estimated $700K cash to complete the business and RE purchase. Arco will advance up to $700,000 for construction and a 20-year agreement. This is an opportunity for a buyer with the right qualifications to obtain a great location, a great opportunity, and substantial assistance with the financing.

Disclaimer: This information has been provided by the Seller and is SUBJECT TO UPDATE WITHOUT NOTICE. Broker and agent do not verify information, expressly disclaim any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Any agreement or decision by a buyer to pursue this business should be based on the Buyer's own due diligence, and buyers are encouraged to seek professional assistance as required.
2010-07-29 07:51am PDT