Citgo Gas Station Winter Haven!!

Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$667,924

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

Real EstateNot Disclosed

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Citgo Gas Station Winter Haven!!


Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$667,924

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

Real EstateNot Disclosed

Business Description
This Citgo gas station is located on a busy intersection in the heart of Winter Haven. There are many homes and businesses in the area. The convenience store sells $30,000 - $35,000 per month not counting Lottery. The Lottery profit brings in an extra $2,735 per month which shows on the annual Lottery report from Tallahassee. The gas volume averages 16,000 - 20,000 gallons per month on a commission basis. The gas company pays you 5 cents per gallon on a cash gas sale and 15 cents per gallon on a credit card gas sale. There is a good amount of extra income at this location. There is a tire shop on the left side of the station which pays you $1,150 per month. You earn extra income from the Food truck ($1,000), ATM, Air/Vac, and rebates. The gas company is responsible for the environmental, tanks, pumps, roof, price sign, 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
6
Facilities & Assets
Buyer will receive a new 5 year Lease with two 5 year options to renew. The current base rent is only $5,200 plus taxes and insurance. There are 4 double sided pumps with 8 filling stations.
Market Outlook / Competition
Current hours of operation are 7:00 am - 10:00 pm but the new buyer can open later or even 24 hours if you want. You also can earn an extra $500 per month if you do well on your monthly inspection. The gas company does require a separate $30,000 - $40,000 refundable gas security deposit.
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
2493779
Listing Views
163

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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2493779 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.