Gas/Grocery Clark Cty WA
Title
Gas/Grocery Clark Cty WA
Occupancy
ADR
Average monthly Store Sales
$85k
Price
$2,450,000.00
Average Monthly Gas Sales Gallons
60k
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
$360,000
Remarks
Salmon Creek Chevron is ideally located at the intersection of two interstate freeways, I-5 and I-205, and a major arterial, at the North end of Vancouver. The location is strategic as it is separated from the competition by I-5 and the area it serves continues to grow, both commercially and residentially. Lack of competition has enabled large fuel margins over the years, a situation upon which the Chevron brand is most able to capitalize. This complex was built in 2001, is in impeccable condition, and features a modern approx. 2,840 sq. ft. convenience store, and a large Chevron canopy with 6 MPD’s. While the operation is currently generating strong sales and enormous profits, there is an existing opportunity for a hands on owner/operator to add an additional $100,000/yr net profit, without increasing store sales, simply by increasing store margin from 22%-32, which is quite achievable in this affluent neighborhood. *Real Estate included in asking price. Average Monthly Store Sales: $85,000 Average Monthly Fuel Sales: 80,000 gallons
Title
Gas/Grocery Clark Cty WA
Occupancy
ADR
Average Monthly Store Sales
$85k
Price
$2,450,000.00
Average Monthly Gas Sales Gallons
60k
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
$360,000
Remarks
Salmon Creek Chevron is ideally located at the intersection of two interstate freeways, I-5 and I-205, and a major arterial, at the North end of Vancouver. The location is strategic as it is separated from the competition by I-5 and the area it serves continues to grow, both commercially and residentially. Lack of competition has enabled large fuel margins over the years, a situation upon which the Chevron brand is most able to capitalize. This complex was built in 2001, is in impeccable condition, and features a modern approx. 2,840 sq. ft. convenience store, and a large Chevron canopy with 6 MPD’s. While the operation is currently generating strong sales and enormous profits, there is an existing opportunity for a hands on owner/operator to add an additional $100,000/yr net profit, without increasing store sales, simply by increasing store margin from 22%-32, which is quite achievable in this affluent neighborhood. *Real Estate included in asking price. Average Monthly Store Sales: $85,000 Average Monthly Fuel Sales: 80,000 gallons
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city
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Lot size
36590
Building Size
2840
Brand
Chevron
Operating hours
Address
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zip code
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city
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State
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Lot size
36590
Building Size
2840
Brand
Chevron
Operating hours