Kangaroo Express Citgo Gas Station Tampa!!

Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,169,952

Inventory$80,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Kangaroo Express Citgo Gas Station Tampa!!


Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,169,952

Inventory$80,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This Kangaroo Express Citgo gas station is located in a very nice area only minutes away from Tampa International Airport and Rocky Point Golf Course. Kangaroo Express is a franchise owned by Circle K. A nice advantage of buying a Kangaroo Express is that all sales numbers are verified with the actual franchise reports. The 2025 convenience store monthly sales reports show an average of $65,000 per month not counting Lottery. The lottery averages $1,800 per month in extra Lottery profit. The fuel volume averages 27,500 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. Also, Circle K has negotiated with the various suppliers to pay rebates on the merchandise you buy from the vendors. Circle K generates a rebate report which shows nearly $1,500 per month in vendor rebates. CIRCLE K WILL REQUIRE THE BUYER TO LIVE WITHIN A 1 HOUR DRIVE AND SHOW A DRIVERS LICENSE BEFORE APPLYING FOR APPROVAL. BUYER MUST HAVE PRIOR RETAIL EXPERIENCE. 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
5
Facilities & Assets
The gas company will give the buyer a new 5 year lease plus two additional 5 year option terms totaling 15 years. The base rent is very low for a station with such high sales. The base rent is only $5,000 plus taxes and insurance of $1,300 per month.
Market Outlook / Competition
Circle K does require 24 hours but right now the station is only open 6:00 am - 12:00 am. In addition to having to prove you live within a 1 hour drive the Buyer must also have previous retail experience. Circle K requires that the Buyer either be a US Citizen or green Card holder. No International E-2 visa Buyers. Buyer must show proof of funds plus extra working capital to Circle K. The gas company does require a refundable $40,000 gas deposit plus a $10,000 Circle K franchise transfer fee.
Opportunities for Growth
When you take over and run the station 24 hours your sales will increase. The station is running semi absentee so an owner operator will do much better.
About the Sale
Transition Support
Buyer will be required to complete Circle K training near Tampa (cost approximately $3,000). The seller will train you as well.
Listing Info
ID
2479558
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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2479558 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.