Station Sale
Posted by Timothy Haves on Jun 30, 2023 in Blog | Comments Off on Station SalePetroleum Realty Group announced another Gas Station Sale, this time in Antioch CA.
The Valero Gas Station on Lone Tree Way has been sold to Synergy Petroleum who are based in South San Francisco. https://casynergy.com
This Station Sale represents Synergy’s continued commitment to growth in the region having recently purchased sites in both Richmond and San Jose
This was not a simple transaction as different parties owned the land and business enterprise. All the parties had to work together to achieve a simultaneous close. This site does have some challenges which include single walled tanks that will need to be replaced but I am confident it will become a very successful location.
Petroleum Realty Group Inc. ® worked with all the owners and their respective attorneys to facilitate what turned out to be a very smooth transaction
Timothy Haves President and Broker Officer Petroleum Realty Group Inc.
There is still a very healthy demand for Gas Stations in California . If you are an owner and you are wondering about selling your business, please do not hesitate to call Petroleum Realty Group. We can offer you a free Broker Opinion of Value and will be able to help you with your Station Sale. Call 949-636-3961 .