BP Gas Station North of Downtown St Petersburg!!

Asking Price$229,000

Cash Flow
$81,324
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,278,600

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

Real EstateNot Disclosed

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BP Gas Station North of Downtown St Petersburg!!


Asking Price$229,000

Cash Flow
$81,324
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,278,600

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

Real EstateNot Disclosed

Business Description
This BP gas station is located in a very nice area a little north of downtown St Petersburg. The store has been renovated and looks like a brand new store!! The convenience store sales average $40,000 per month and are increasing. The Lottery brings in an extra $1,400 per month. The profit margin at this station is much better than other stations due to this high end area. The gas station pumps 65,000 gallons per month on a commission basis of 8 cents per gallon. If you run the math on your gas commission that comes to over $5,000 per month. Here is the best part. The base rent is only $2,000 per month!! 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. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.
About the Business
Years in Operation
3
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 currently $2,000 plus taxes and insurance of $2,345.
Market Outlook / Competition
The gas company will require a $30,000 refundable gas security deposit. Store hours are 5:00 am - 11:00 pm.
Opportunities for Growth
With this high end St Pete location there are many opportunities to build the business higher such as adding a small deli, check cashing, and/or money transfer services.
About the Sale
Transition Support
Buyer will be required to complete an online training class, attend a 2 day training class in Tampa, and possibly train at a corporate store (cost $2,000).
Listing Info
ID
2442967
Listing Views
82

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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2442967 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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