Branded Gas Station and High Volume C-Store in San Diego, CA

This listing presents a compelling opportunity to acquire a branded gas station with a high-volume convenience store located in San Diego, California. The business boasts a substantial monthly net profit of $39,000, translating to an annual net profit of $468,000. EBITDA is reported at $450,000. The C-store has undergone a brand new renovation, enhancing its appeal, and the operation runs 24 hours a day. Gas sales are approximately 105,000 gallons per month with a pool margin of $0.50-$0.55. The C-store generates $95,000 in sales with a 42% markup, and lottery sales add an additional $25,000 with a 6% markup. The property is leased. The monthly rent is not disclosed. The asking price is $2,200,000, which has recently been reduced by $300,000. Inventory is valued at $120,000 (not included in asking price), and FF&E is valued at $150,000 (included in asking price). Seller financing is available, with the seller willing to carry a note of $500,000. The motivation for selling is cited as a partnership dispute. Proof of funds for $1.7 million is required for this cash deal.