Gas Station Flip Tips.

[Chris Williams]

Hey! We are in talks with a gas station owner who wants us to wholesale his gas station, and we are not sure about what kind of contracts we need.

Here is some info on it:
- It is franchised with 76
- Real Estate is included in the sale
- Also has car wash and C-store (all included)
- In California

I am very familiar with Real Estate contracts and transactions, but only with SFR's and Multi Units. So, I am not sure what type of agreements I need to transfer the business, assets, and Franchise.

Any help would be SOOOOOO appreciated!

Thanks!!!

-Chris

[Don Konipol]

Gas stations are a very specialized arena as it is as much a business as a real estate deal. Brokers who specialize in gas stations have lists of buyers looking to purchase depending on volume, location, price, etc. Your time would be better spent attempting a wholesale flip on a less specialized type of property, unless you foresee yourself becoming an expert in this very specific arena.