Citgo Gas Station St Pete Beach!!

Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$546,960

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Citgo Gas Station St Pete Beach!!


Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$546,960

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This Citgo gas station has a great location on the main road on St Pete Beach. This station has the lowest base rent you will find at only $1,500 plus taxes and insurance!! What a low rent for such a premium location!! The sales used to be higher prior to the two hurricane's that hit the beach last year and business is starting to get back to normal. Currently, the convenience store sales are averaging $30,000 per month not counting Lottery but is starting to pick up. The Lottery profit brings in an extra $700 per month. The gas station pumps 14,000 gallons per month on a commission basis. The gas company pays you a commission on every gallon of gas sold of 5 cents on a cash gas sale and 15 cents if a customer pays with a credit card. There is space for a food truck on the property which would pay you rental income. There is room to add a couple game machines. The gas company owns the property and is responsible for the environmental, tanks, pumps, roof, price sign, and parking lot. This is perfect for a family to own and operate so that they can save some of the $86,400 payroll expense plus earn some profit. Please call Mark Laurie with Property Business Brokers at 407-491-6065 for more information or to schedule a showing.
About the Business
Years in Operation
2
Number of Employees
2
Facilities & Assets
Buyer will receive a new 5 year Lease with two 5 year options to renew. The base rent is only $1,500 plus taxes and insurance which is the lowest you will find in this area.
Market Outlook / Competition
Current hours of operation are 6:00 am - 12:00 am but you can stay open later if you like. The gas company will require the buyer to pay a refundable gas security deposit of $30,000 - $40,000 which you will receive back in the future.
Opportunities for Growth
If you do well on your monthly inspection the gas company will give you a $500 rent credit each month.
About the Sale
Transition Support
The buyer will be required to attend an 8 day training class in Brandon (cost $950). The seller will train you as well.
Listing Info
ID
2372446
Listing Views
2467

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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2372446 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.


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