For Sale
$500,000

20757 Lake Chabot RdCastro Valley, CA 94546

Established Gas Station, High Traffic Area, Great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity presents the acquisition of a well-established convenience store and gas station franchise in the thriving Castro Valley, California market. Located at 20757 Lake Chabot Rd, 94546, this business enjoys a prime location with high traffic counts, surrounded by a mix of commercial, industrial, and retail businesses. The current operation is structured as a percentage sub-lease, generating revenue streams from various sources. These include a percentage of gas sales (averaging 90,000 gallons per month), a share of lottery ticket sales, and substantial income derived from a full off-site ABC license for the sale of beer, wine, and liquor. The franchisee's responsibilities are limited to store inventory management; all gas station equipment is owned and maintained by the parent company, eliminating environmental compliance and equipment maintenance burdens. The property owner is open to offers for the purchase of the underlying real estate in addition to the business itself. This turnkey operation offers a compelling investment opportunity with significant potential for growth and profitability in a desirable location. The business is ready for immediate operation and presents a rare chance to acquire a profitable, established enterprise.

Highlights

  • $500,000 asking price for a retail gas station.
  • Established QuikStop franchise in Castro Valley, CA, high-traffic location.
  • Sub-lease based on sales; includes Lotto ticket royalties and a portion of gas sales.
  • Full ABC license for off-site beer, wine, and liquor sales.
  • Operator has no responsibility for environmental compliance or equipment maintenance; equipment is corporate-owned.

Property Details for 20757 Lake Chabot Rd

Property type
Retail properties, Gas stations

Location Insight

City
Castro Valley
County
Alameda
State
California
Latitude
37.6945811
Longitude
-122.0871398
20757 Lake Chabot Rd, Castro Valley, California

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20757 Lake Chabot Rd
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