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Documentary Transfer Tax

Posted by on Apr 10, 2023 in Blog | Comments Off on Documentary Transfer Tax Will we see these prices again in LA The new Documentary Transfer Tax become effective on April 1st 2023, unfortunately this was not an April fool joke. Are you are thinking about selling your Gas Station ? If it is Located within the City of Los Angeles you are in for a shock on your closing statement. The City of Los Angeles has added and additional 4% to the existing combined City and...
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Gas Station Sale

Posted by on Sep 2, 2022 in Blog | Comments Off on Gas Station Sale Gas Station sale Petroleum Realty Group the #1 Broker in California are pleased to announce another Gas Station Sale. The Sinclair station on Orange avenue Coronado Island has sold for more than the asking price.https://www.sinclairoil.com The buyer will continue the tradition of providing excellent service to the locals and visitors to the Island. With only two Gas stations on...
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Unbranded Gas Station for Sale , Santa Barbara CA

Posted by on Feb 8, 2021 in Blog | Comments Off on Unbranded Gas Station for Sale , Santa Barbara CA Petroleum Realty Group Inc. have listed 1502 San Andres Street in Santa Barbara for $2m. This unbranded facility is a rare opportunity to acquire land and improvements in an area of Santa Barbara called the Westside. Timothy Haves the President of Petroleum Realty Group Inc. quoted ‘There has been a gas station serving the community of Santa Barbara on this corner since 1927, I am pleased...
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New 7 -Eleven for Sale, Southern California

Posted by on Jun 25, 2012 in Blog | Comments Off on New 7 -Eleven for Sale, Southern California We have just listed a 7-Eleven branded fuel and C store facility on Ontario Southern California. This 71,417 sf site has 9 MPD’s and 4,948 sf of buildings, which include a Subway, car wash and drive through self contained...
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Gas Retailers Feel Pain at the Pump From Credit Card Fees

Posted by on Apr 27, 2012 in Blog | Comments Off on Gas Retailers Feel Pain at the Pump From Credit Card Fees WASHINGTON, D.C. — While it is easy to believe that gas retailers are making a profit every time the price at the pump ticks up a few cents, the reality is operators lose money, according to the Merchants Payments Coalition (MPC). The Oil Price Information Service recently reported gas stations took in 13 cents a gallon in gross profit — before taxes, payroll and other overhead...
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