Asking Price: ₱20,000,000
A rare opportunity to own an existing gas station strategically located along a highway with high potential to maximize its profit with the development of a commercial area.
The gas station started its operation in April 2019 carrying a franchise brand. Option for the buyer to keep the brand or to rebrand. The station carries the basic fuels and oils and priced competitively considering the big three and other secondary players in the area.
There is a long-term lease that will expire in 2034. Developing the vacant lot to a commercial area can significantly increase the profit of the company as this will bring in more customers, increase daily volume and other increments. This opportunity is perfect for those who have strong background in commercial real estate and the funds to be able to put up the structure. Several companies have expressed interest to lease once the building is ready for occupancy.
Current structures are 2 islands and 2 pumps with Average Daily Sales of ₱100K and ₱200-220K during peak season. Owners will ensure a smooth transition.
Reason for Sale: Owners would like to concentrate on their main business.