For Sale
$695,000

620 7Th St Hanford, CA 93230

Profitable CA Convenience Store

Overview

Added:
Dec 11, 2024
Days on market:
137
This established Hanford, CA, convenience store and gas station is offered at $695,000. Boasting 2,173 square feet, it includes a gas station, food shop, liquor store, and C-store. The business generates monthly gross sales between $55,000 and $60,000, with a 30% margin. Fuel sales average 30,000-35,000 gallons monthly, adding significant revenue at 30 cents per gallon. The property operates daily from 5:00 AM to 11:00 PM, employing three staff members. A 14-year lease remains, expiring July 31, 2038, with a monthly rent of $4,500. Located at 620 W 7th St, Hanford, CA 93230, this single-story building presents a strong, income-generating investment opportunity for owner-operators or investors seeking a turnkey operation in a prime location. The business's consistent performance and long-term lease provide financial stability and a clear path to profitability. This is a rare opportunity to acquire a well-established and successful business in a thriving market.

Highlights

  • Asking Price: $695,000
  • Established Shell Food Mart with gas station, convenience store, and liquor store components in Hanford, CA.
  • 2,173 square foot building on a 14-year lease (expiring July 31, 2038) with $4,500 monthly rent.
  • Monthly gross sales average $55,000-$60,000, with a 30% margin and fuel sales averaging 30,000-35,000 gallons per month at $0.30/gallon profit.

Property Details for 620 7Th St

Property type
Commercial real estate
Square Feet
2,173 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Hanford
County
Kings
State
California
Latitude
36.325450116485
Longitude
-119.65498889757

FAQs

What type of property is this?
Commercial real estate - Profitable CA Convenience Store
Where is the commercial real estate located?
The property is located at 620 7Th St Hanford, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Asking Price: $695,000; Established Shell Food Mart with gas station, convenience store, and liquor store components in Hanford, CA.; 2,173 square foot building on a 14-year lease (expiring July 31, 2038) with $4,500 monthly rent.
How can I contact the broker?
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620 7Th St
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