Kidder Mathews exclusively presents for sale 3774 S Western Ave, a 76 gas station primely situated on Exposition Blvd and S Western Ave, located less than a mile west of USC.
This is a rare opportunity to acquire prime real estate and a 76 gas station business opportunity with the de-branding of Circle K. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 and features a new business C-store opportunity for a reinvigorated brand. A new operator can implement a C-Store and Gas Station brand and continue the lucrative Krispy Krunchy Chicken which is not affiliated with Circle K. The gas station has 8 pumps and two 12,000 gallon double wall tanks which were replaced in 2001. The current ownership has recently became a franchisee of Krispy Krunchy Chicken and produced a supplemental income stream over $200K last fiscal year.
The current fuel supply contract goes through 2030, but can be De-branded with +/-$500K
The offering price includes both the businesses and real estate which could be financed with through the Seller with at least 30% down payment with favorable interest rates and due in 3 to 5 years. Valuations for business and real estate are negotiable to create a favorable financing for Buyer from combination of Seller and traditional financing.