BP Gas Station North St Petersburg!!

Asking Price$160,000

Cash Flow
$70,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,422,840

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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BP Gas Station North St Petersburg!!


Asking Price$160,000

Cash Flow
$70,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,422,840

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This BP gas station is located in a very nice area on the north side of St Petersburg. The store has been renovated inside and out. Even though the store itself is on the smaller size it still has high sales due to the great location. The convenience store sales average $45,000 not counting Lottery. The Lottery brings in an extra $1,400 per month. The gas station pumps 72,000 gallons per month on a commission basis. The gas company pays all the credit card fees for the gas plus gives 2 cents per gallon commission. There is extra income from the ATM and Air/Vac. The gas company is responsible for the environmental, tanks, pumps, roof, price sign, and parking lot. Buyer will be required to have previous convenience store or gas station experience. Please call for more information or to schedule a showing.
About the Business
Years in Operation
2
Facilities & Assets
Buyer will receive a new 3 year lease plus an additional 3 year option to renew. Then the gas company renews in 3 year increments. Base rent is only $2,500 plus taxes and insurance.
Market Outlook / Competition
The gas company will require a $30,000 refundable gas security deposit. Store hours are 6:30 am - 11:30 pm.
Opportunities for Growth
Since this is a smaller store the utilities and overhead are low compared to larger stores.
About the Sale
Transition Support
Buyer will be required to complete an online training class and attend a 2 day training class in Tampa (cost $2,000).
Listing Info
ID
2414500
Listing Views
26

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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2414500 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.