Gas/Grocery Seattle, WA
Title
Gas/Grocery Seattle,WA
Occupancy
ADR
Average monthly Store Sales
Price
$6,750,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
700k
Remarks
This 76 is one of the most profitable and easy to operate gas station/convenience stores in the Seattle area. Prominently located on a major thoroughfare at North and Southbound I-5 freeway ramps, this store is truly unique. The Seller just installed brand new state of the art pumps with EMV in December 2019. Because of the stores compact size, lack of deli operation, and short hours, labor costs are extremely low. And because of the freeway location and lack of competition margins are exceptionally high, both in fuel and grocery. Stations like this rarely come up for sale in Seattle, and with over 700k net profit, the asking price is quite reasonable. *Real Estate included in asking price. *Principals only.
Title
Gas/Grocery Seattle,WA
Occupancy
ADR
Average Monthly Store Sales
Price
$6,750,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
700k
Remarks
This 76 is one of the most profitable and easy to operate gas station/convenience stores in the Seattle area. Prominently located on a major thoroughfare at North and Southbound I-5 freeway ramps, this store is truly unique. The Seller just installed brand new state of the art pumps with EMV in December 2019. Because of the stores compact size, lack of deli operation, and short hours, labor costs are extremely low. And because of the freeway location and lack of competition margins are exceptionally high, both in fuel and grocery. Stations like this rarely come up for sale in Seattle, and with over 700k net profit, the asking price is quite reasonable. *Real Estate included in asking price. *Principals only.
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