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284 W Olive Ave Porterville, CA 93257

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For Sale
$1,650,000

Profitable gas station with real estate included in Porterville, CA.

Property size:
2,500 SF
Lot size:
0.35 Acres

Property Features for 284 W Olive Ave

General Information

Size
2,500 SF
Lot size
0.35 Acres

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Listing Contact
Abdul Jobah
Abdul Jobah
Source: Moodyscre

Listing Agent: Abdul Jobah

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Established Gas Station Business Opportunity

This is an opportunity to acquire an established gas station business with over a decade of operations in Tulare County, CA. The property features a 2,500-square-foot building on a 0.35-acre lot with 7 parking spaces. The business has monthly inside sales of $60,000 to $70,000 with a 35% margin, and a fuel volume of 12,000 to 15,000 gallons per month with a margin of $0.80 per gallon. Additional revenue streams include lotto and hot food service. The property includes a Type 20 ABC License for beer and wine sales, which is fully transferable. Fixtures include a 10-door walk-in cooler and a 9-door reach-in cooler. The same owner has operated the business since 2010. The real estate is included in the purchase price. Potential upside includes reinstating a suspended EBT program to increase food and grocery sales, adding check cashing services and propane sales, and increasing marketing and operating hours.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

B R's Food ... Convenience Store Primo Water Refill Bottled Water Supplier R M PARKS Gas Station Amstar Gas Station

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Porterville
County
Tulare
State
California
Longitude
-119.0231189
Latitude
36.0654084

FAQs

What type of property is this?
Gas station - Profitable gas station with real estate included in Porterville, CA.
Where is this gas station located?
The property is located at 284 W Olive Ave Porterville, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Real estate included in the purchase price; - High-traffic location in Tulare County, CA; - Established business with over a decade of proven operations (since 2010)
More about this property
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