Large Marathon Gas Station in Palm Bay!!
Business Description
This large Marathon gas station is located about 1 hour SE of Orlando in Palm Bay. The station is located close to Interstate 95 with many homes and businesses in the area. The convenience store sales average $35,000 per month not counting Lottery. The lottery profit brings in extra income of $1,750 per month. The gas station pumps 50,000 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. The gas company owns the property and is responsible for the environmental, pumps, tanks, roof, parking lot, and price sign. There is a sports theme deli area with all deli equipment included in the price. 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
- The Buyer will receive a new 5 year Lease plus two 5 year renewal terms for a total of 15 years. Base rent is low for this sized station at only $4,500 plus property tax and building insurance of $2,241 per month. All equipment is included in the price.
- Market Outlook / Competition
- Current hours of operation are 6:00 am -10:00 pm but you have the option to extend the hours. The gas company will require the buyer to pay a $30,000 -$40,000 refundable gas deposit. Marathon will pay you $1,000 per quarter if you do well on your inspection.
- Opportunities for Growth
- The Seller has installed brand new AC's systems just a few months ago. Marathon will be putting their new Endurance signage at this location soon which will give the station a new fresh image.
About the Sale
- Seller Motivation
- Seller runs 100% absentee with employees only but would do better with an owner
- Transition Support
- Buyer will be required to attend an 8 day training class in Tampa (cost $950). The seller will train you as well.
Listing Info
- ID
- 2433751
- Listing Views
- 21
Listing ID: 2433751 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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