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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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Beating Back the ‘Big Box’

Posted by on Apr 26, 2012 in Blog | Comments Off on Beating Back the ‘Big Box’ Marketers push back Kroger’s attempt to amend California below-cost law SACRAMENTO, Calif. — Marketers and their allies have defeated an attempt by grocery giant Kroger to amend California’s longstanding below-cost sales law–at least for now. Kroger was the main supporter of a bill introduced by Assemblyman Robert Wieckowski (D) that would have changed the law to make it...
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Judge Can’t Help Dealers About to Lose Stations

Posted by on Apr 25, 2012 in Blog | Comments Off on Judge Can’t Help Dealers About to Lose Stations “Powerless,” warns of “domino effect” of injunction in BP-dealer embroglio SAN DIEGO — A federal judge said she is “powerless” to issue a temporary restraining order to prevent BP from terminating the franchises of more than 100 ARCO and Thrifty dealers whose Southern California stations are to be turned over to independent refiner Tesoro. Judge Janis...
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