Hot Listing

Busy Mobil Gas Station Near Downtown St Petersburg!!

Asking Price$699,000

Cash Flow
$360,132
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,007,000

Inventory$120,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Busy Mobil Gas Station Near Downtown St Petersburg!!


Asking Price$699,000

Cash Flow
$360,132
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,007,000

Inventory$120,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This Mobil gas station is located on the main Highway near downtown St Petersburg. There is a huge residential community surrounding this station which is one reason why the sales are so high. The convenience store sales average $120,000 per month not counting Lottery or deli sales. The station runs on a 38% - 40% profit margin due to this location and product mix. The Lottery profit brings in an extra $2,000 per month. The gas station averages 42,000 - 45,000 gallons per month on a commission basis. You earn 5 cents on a cash gas sale and 15 cents commission on a credit card gas sale. Additional income from the ATM, Bit Coin, Air/Vac, and rebates. Another huge advantage this station has is the full kitchen area with hood and all equipment included in the price! When the deli was open the sales averaged $30,000 - $35,000 per month. You can re-open the deli or possibly even sub lease out for around $3,000 per month. The gas company owns the property and is responsible for all environmental, tanks, pumps, roof, canopy, canopy lights, parking lot, landscaping, and parking lot. 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
4
Facilities & Assets
Long 5 year lease with two 5 year options to renew. Base rent is very low at $4,650 per month plus taxes and insurance of $3,544. All pumps and tanks are up to code and the gas company responsibility. Price includes all equipment the seller owns at this location.
Market Outlook / Competition
This is currently running 24 hours but is not required. The gas company is paying the seller a rebate of $1,200 per month since they are open 24 hours. Also, if you do well on your inspection the gas company will give you an additional $500 bonus rebate off your rent each month. The gas company does require a gas deposit of $30,000 - $40,000 that you will get back when you sell the station in the future. It does earn interest.
Opportunities for Growth
This is not a franchise Circle K or Kangaroo Express so NO FRANCHISE fees! Easy approval process. The best way to improve the business is by re-opening the kitchen deli. If you can earn an additional $30,000 - $35,000 per month in high profit deli sales your bottom line will increase tremendously.
About the Sale
Transition Support
The gas company will require a 8 day training class in Tampa (cost $950). The seller will train you as well.
Listing Info
ID
2436701
Listing Views
485

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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2436701 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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