Property for Sale Bryan Texas Car Wash

Property for Sale Bryan Texas Car Wash: No Fuel Contract Rental Income

Currently, a branded gas station on a major road is being sold without a fuel contract. The station has two tenants in place; one tenant is a well-known franchise that pays $3,000 a month in rent. The franchise also pays an additional percentage of gross sales to the landlord and has a lengthy lease in place. There is another tenant running the gas and store who is willing to leave so the new owner can operate if wanted. The new owner will have the option to run the gas and store, with store sales of $50,000 a month. The tenant in the store has been running the store with a manager in place, which has affected the numbers in the store. There is also a car wash here on the property, which is currently not in operation due to the tenant looking to turn the car wash into a coffee shop. The car wash is all there and only needs the internals to make it happen ($15–$20k) investment. The station has a full canopy with 5 MPD's pumping 55,000 gallons a month. This property is over 1 acre with plenty of room for expansion on the building, which is already 3,616 sf. The station will be delivered with no fuel contract and free and clear of the tenant running the store, and gas. The seller is now offering seller financing with $250,000 down make an offer. Today the price has also been reduced to $2,000,000 as well.