Independent Gas Station with Property in Stockton, CA

This listing presents a compelling opportunity to acquire an independent, unbranded gas station with the valuable addition of real estate. Located in Stockton, California, the business operates under absentee ownership, closing at 9 PM, and offers significant potential for growth. Current operations include 60-65K gallons of fuel sales per month with a margin of $0.30 per gallon. The convenience store generates $30-40K in monthly sales, supplemented by $10K in lottery sales. The business boasts a gross profit of $445K and a net profit of $197K. Recent upgrades include new EMV compliant dispensers. The station is equipped with a fill-in propane tank and holds a Type 20 license for beer and wine sales. The asking price is $1,795,000, with 30-40% down payment required for SBA loans. This is an ideal opportunity for an owner-operator looking to maximize profitability by extending business hours and enhancing operations.