16657 ARROW BOULEVARD, FONTANA CA 92335

offered at $1,599,999
MLS#:CV24238160
Status: Active Under Contract // Property Type:
County: San Bernardino // Year Built: 2015

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.

Listing Courtesy of Ghydan Rabadi, BRIDGE REALTY

FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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